04/12/2015
General Electric on Friday announced plans to dismantle its GE Capital financial services arm and focus on its industrial businesses, saying that as part of that plan it has reached a deal to sell its real-estate assets for $26.5 billion.
04/09/2015
The threat of additional regulatory and legal costs being imposed on the company are holding down the value of JPMorgan stock
04/09/2015
JPMorgan unleashes algorithms to pinpoint rogue employees
Wall Street traders are already threatened by computers that can do their jobs faster and cheaper
04/09/2015
The acquisition of the BG Group in particular — the biggest deal so far this year — will bolster the fortunes of the three firms involved
04/09/2015
Activist hedge fund Marcato Capital Management on Tuesday said BNY Mellon Corp's employee base is "bloated" and disproportionately larger than its rivals
04/09/2015
In a crisis, weak banks lose deposits, while strong banks usually gain them.
04/09/2015
The investment bank said in December that it was considering strategic options for the Bache business, which it bought from Prudential Financial Inc. in 2011.
04/06/2015
Thomas Buck will not fight allegations and is looking to move on after a sudden termination
04/06/2015
Mizuho Financial Group will hire about 130 investment bankers from the US arm of Royal Bank of Scotland in the coming days as it seeks to develop its North American business in “a really focused way”.
04/02/2015
The United States has unsuccessfully opposed some of its key allies’ decisions to join China’s new Asian Infrastructure Investment Bank
04/01/2015
Morgan Stanley gave James Gorman the biggest raise yet among Wall Street chief executive officers for last year, boosting his pay 25 percent to $22.5 million.
03/31/2015
China has vowed to commit the first $50 billion in start-up funds
03/29/2015
W. Earle Dodd, a grandnephew of the pioneering value investor, helps a small number of institutions pick managers and cope with low-yielding times
03/26/2015
The merger of Kraft and H.J. Heinz will create a company with a market value in excess of $75 billion
03/26/2015
This transaction will convert their shorter-term bank
03/26/2015
Grupo Financiero Ficohsa SA agreed to buy Citigroup Inc.’s businesses in Nicaragua
03/25/2015
The bonds were for 1MDB Global Investment, 1MDB Energy and 1MDB Energy (Langat) Limited.
03/24/2015
Investment banking veteran Vikram Pandit, who famously took a salary of $1 a year at Citi after a bailout by US taxpayers, has re-emerged as an investor in financial technology start-ups
03/19/2015
Michael Corbat gets $13 million in pay for 2014, down from $14.5 million in 2013
03/18/2015
Deutsche AWM’s real estate investment business continues to sharpen its approach to ESG implementation after 10 years