Cargill Inc. plans to apply for Category 2 membership of the London Metal Exchange, it said on Wednesday, as the agricultural merchant makes its first foray into base metals derivatives sales as European banks retreat.
U.S. prosecutors have reopened investigations into Standard Chartered to determine whether the bank, which entered into a deferred prosecution agreement in 2012, withheld evidence of Iran sanctions violations, two people briefed on the matter said.
The decision by JPMorgan Chase to keep its headquarters on Manhattan’s Park Avenue saves the Midtown neighborhood from what would have been a deep blow.
'Messages are full of casual banter, British slang and the lingua franca of foreign-exchange traders'.
In the board game Monopoly, when the bank makes an error in your favor, the player gets to keep the money. A hedge fund manager is acting as if he has drawn that lucky card for real, a lawsuit against him contends.
PIMCO has named Nobel Laureate Economist Michael Spence as a consultant on macroeconomic and global policy issues.
'Suicide letters' claimed that he planned to kill himself by throwing himself off a high-speed ferry boat.
Deutsche Bank, has hired former Goldman Sachs partner Sam Wisnia as head of fixed-income structuring, according to a person briefed on the appointment.
Less money, fewer problems. That may be Bill Gross’s new mantra, as he embarks upon a new chapter of his storied fixed-income career.
The 7,114 brokers at UBS Wealth Management Americas generated record quarterly revenue of $1.9bn in the three months ending September 30th, largely through selling loans to clients and funneling their assets into packages of mutual funds and other managed accounts.
A former Deutsche Bank executive won a London court ruling in a bitter divorce case, clearing him of allegations that he used a tiger conservation charity for his personal benefit.
Cantor Fitzgerald CEO Howard Lutnick gave Haverford College $25m last week, its largest single donation.
JPMorgan Chase CEO Jamie Dimon said he plans to resume travel outside the U.S. after completing eight weeks of treatment for throat cancer.