Goldman Sachs said it was being investigated for its U.S. alternative trading system and for the potential misuse and circulation of non-public information related to its corporate developments.
Morgan Stanley is one of the world's largest diversified financial services companies, with a reputation for excellence in advice and execution on a global scale.
Morgan Stanley reduced second-quarter earnings per share by 2 cents after reaching agreements to end mortgage-related lawsuits. The firm said it may face additional claims from authorities in California.
As we are constantly being approached by people looking to gain graduate entry into financial markets firms, we've come up with this directory.
Wall Street firms led by Goldman Sachs are close to buying a stake in chat and instant messaging startup Perzo in pursuit of an alternative to a similar application from Bloomberg, sources familiar with Goldman's plans said.
Barrick Gold has appointed former Goldman Sachs Vice Chairman J. Michael Evans as a director, joining his former colleague John Thornton on the board of the world’s largest miner of the precious metal.
A former Morgan Stanley banker and ex-motor racing boss Max Mosley sued Google in separate U.K. bids to force the world’s biggest search provider to block information about them on the Web.
By as much as 25%.
The U.S. Securities and Exchange Commission said on Thursday it had charged Morgan Stanley with misleading investors about two mortgage-backed securities it issued before the 2008 financial crisis, and that the bank would pay $275m to settle the case, according to a press release.
UBS has hired a new sector head to grow its America's power investment banking practice, according to an internal memo obtained by Reuters.
Morgan Stanley posted wealth management results for the second quarter just a hair's breadth short of a key profitability target it set for the end of 2015, but bank executives remained concerned about the high costs of recruiting brokers.
By as much as 25%.
A federal judge upheld an $8 million arbitration ruling against Morgan Stanley in favor of a former energy trader who said he was improperly terminated after refusing to meet with New York law enforcement authorities.
We looked at 10 bosses of some of the world's largest banks and rated them on 5 key criteria in terms of their effectiveness.
Financial News reports that Goldman is to make another $1bn when its Japanese golf course operator, Accordia, floats. The listing, which will start trading on November 1st, will be Japan's second-largest float of the year.
Here's the Thomson Reuters 2010 Worldwide M&A League Table.
Ever been suckered into a new job because the representations made during the recruitment process turned out to be false ? Well, this firm has been ordered to pay $5m after an arbitration panel found that it made fraudulent misrepresentations and committed breach of contract.
Here's the 10 largest European M&A deals of the last five years. Data provided by M&A intelligence and research service mergermarket.
Heightened systemic risks.
The brightest and the best are moving on.
UBS has named Matthew Hanning as the head of its Asia-Pacific investment-banking unit, replacing Matthew Grounds, who will focus on the bank’s Australian operation.