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Morgan Stanley promotes

Morgan Stanley HQ

Morgan Stanley has promoted Andy Kearns and Drew Guevara to co-heads of technology banking, replacing Paul Chamberlain, who’s retiring after 26 years with the firm.

Goldman ban prompts Citigroup review

Citi Building Sign

Citigroup will review its conflict-of-interest policy for investment bankers after Goldman Sachs Group Inc. barred some employees from owning individual securities, said a person with direct knowledge of the matter.

Julius Baer cooperating in French probe

Eiffel Tower

Julius Baer is cooperating in a French investigation into suspected money laundering and tax fraud by a former client involved in the European carbon allowances market, a spokeswoman said, following French media reports.

JPMorgan facing $10bn class action lawsuit

Jamie Dimon

A federal judge on Tuesday said JPMorgan Chase & Co must face a class action lawsuit by investors who claimed the largest U.S. bank misled them about the safety of $10bn of mortgage-backed securities it sold before the financial crisis.

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Citi Building Sign

Goldman ban prompts Citigroup review

Citigroup will review its conflict-of-interest policy for investment bankers after Goldman Sachs Group Inc. barred some employees from owning individual securities, said a person with direct knowledge of the matter.

Jamie Dimon

JPMorgan facing $10bn class action lawsuit

A federal judge on Tuesday said JPMorgan Chase & Co must face a class action lawsuit by investors who claimed the largest U.S. bank misled them about the safety of $10bn of mortgage-backed securities it sold before the financial crisis.

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