-
By Michael McFarlin |
June 14, 2013
A roundup of important hires and promotions from around the trading industry.
-
By Michael McFarlin |
June 7, 2013
A wrap-up of promotions and job moves from around the trading world.
-
By Dakin Campbell, Bloomberg |
December 18, 2012
Wells Fargo & Co. bought a stake in Rock Creek Group LP to provide more hedge-fund offerings to clients amid a push to double the asset-management unit within seven years.
-
By Sree Vidya Bhaktavatsalam, Bloomberg News |
December 4, 2012
Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.
-
By Ambereen Choudhury, Elisa Martinuzzi and Kevin Crowley |
November 1, 2012
London’s attempt to maintain its financial muscle while boycotting Europe’s move toward a banking union risks isolating the city from its major trading partners.
-
By Christopher Condon and Alexis Leondis, Bloomberg |
July 26, 2012
BlackRock Inc., Fidelity Investments and Vanguard Group Inc., firms that collectively manage more than $7 trillion, are gauging how their clients have been hurt by Libor manipulation.
-
By Max Abelson, Bloomberg |
June 11, 2012
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon plans to testify before Congress this week about his firm’s $2 billion trading loss. His Wall Street colleagues don’t understand why.
-
By Max Abelson |
June 10, 2012
The firm's loses have sliced $27 billion from JPMorgan’s market value since the May 10 disclosure, while triggering at least five federal probes.
-
By Lisa Abramowicz and Dawn Kopecki, Bloomberg |
May 21, 2012
Irvin Goldman, who oversaw risks in the JPMorgan Chase & Co. unit that suffered more than $2 billion in trading losses, was fired by another Wall Street firm in 2007 for money-losing bets that prompted a regulatory sanction at the firm, Cantor Fitzgerald LP, three people with direct knowledge of...
-
By News story |
September 24, 2011
The $2.3 billion loss rocks leadership. Oswald Grübel quits. Regional head Sergio Ermotti is named group CEO on an interim basis.
