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Senior rainmaker's exit causes stir at Bank of America

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Fares Noujaim, an executive vice chairman at Bank of America and investment banker who represented corporations like Pfizer , GM , and Verizon , has left abruptly, sparking questions about his relationship with the bank, according to people familiar with the matter.

Argentina holds gun to Citi's head

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A lawyer for Citibank said the government of Argentina has 'a gun to our head,' threatening the forced takeover of its branch in that country if the bank obeys a U.S. judge’s order blocking it from making payments to holders of $8.4bn in Argentine bonds.

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London traders due huge bonus cuts

Foreign-exchange traders in London are set for the biggest drop in bonuses among bank employees as regulators toughen scrutiny in the wake of scandals, according to a survey by Emolument.

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