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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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Jamie Dimon

Jamie Dimon gave out career advice

Eric Cantor sat in his Washington office in June after one of the biggest upsets in congressional history, getting encouragement from JPMorgan Chase’s Jamie Dimon, head of the largest U.S. bank.

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