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A "Very Surprised" JPMorgan Calculates The Damage From The Archegos Collapse

A "Very Surprised" JPMorgan Calculates The Damage From The Archegos Collapse Unlike the devastating London Whale debacle in 2012, which was all JPMorgan eventually drawn and quartered quite theatrically before Congress (and was a cl.....»»

Category: blogSource: zerohedgeMar 30th, 2021

Credit Suisse is overhauling its asset management business and has suspended bonuses after Greensill collapsed

Credit Suisse faces regulatory investigations into its dealings with Greensill Capital following the finance firm's collapse. The logo of Swiss bank C.....»»

Category: topSource: businessinsiderMar 18th, 2021

Credit Suisse is overhauling its asset management business and has suspended bonuses after Greensill collapse

Credit Suisse faces regulatory investigations into its dealings with Greensill Capital following the finance firm's collapse. The logo of Swiss bank C.....»»

Category: topSource: businessinsiderMar 18th, 2021

Klarman pumps SPACs - Citi"s $500 mln blunder - Goldman launches DIY investing

The top finance stories for February 17, including the latest news on Seth Klarman's big bets on SPACs during the fourth quarter. A trader reacts on the IG Group trading floor in London March 18, 2013. REUTERS/Neil Hall Good mornin.....»»

Category: topSource: businessinsiderFeb 17th, 2021

The City of London’s New Big Bang

Europe’s dependence on British finance is no longer a given......»»

Category: topSource: washpostJan 5th, 2021

Analysis: Jack Welch was the best and worst thing to happen to GE

His embrace of finance created enormous value for shareholders but it sowed the seeds for GE's collapse......»»

Category: topSource: moneycentralMar 2nd, 2020

The City of London Starts to Crack Over Brexit

The U.K. finance industry is becoming divided on Brexit. That is far from ideal as Britain moves into the crucial stage of EU trade talks. .....»»

Category: topSource: washpostDec 23rd, 2019

UK names Bailey to lead Bank of England through Brexit

Britain's new government named Andrew Bailey as the next Bank of England boss on Friday, entrusting one of the City of London's most experienced regulators with steering the world's fifth-biggest economy and its vast finance industry through Brexit......»»

Category: topSource: reutersDec 20th, 2019

UK names Andrew Bailey as new Bank of England governor

Britain's new government named Andrew Bailey as the next Bank of England boss on Friday, entrusting one of the City of London's most experienced regulators with steering the world's fifth-biggest economy and its vast finance industry through Brexit......»»

Category: topSource: reutersDec 20th, 2019

FintechOS Wins $14m Funding to Continue Disrupting Banking Industry

Finance technology firm FintechOS has secured a $14 million Series A funding round to expand its suite of digital solutions. The London-based company, founded in 2017, will use t.....»»

Category: topSource: redherringDec 10th, 2019

Sudan may need $5 billion in aid to prevent collapse

Sudan needs up to $5 billion in budget support to avert economic collapse and launch reforms after the ouster of veteran ruler Omar al-Bashir, its finance minister has told Reuters. Serena Chaudhry reports......»»

Category: videoSource: reutersNov 11th, 2019

WeWork rival plagued by vacancies

Knotel, a fast-growing competitor to WeWork, appears to have a mounting inventory of empty spaces, raising concerns about another big player in the office-sharing sector after the near-collapse of... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Exclusive: Sudan needs up to $5 billion in budget support to prevent collapse

Sudan needs up to $5 billion in budget support to avert economic collapse and launch reforms after the ouster of veteran ruler Omar al-Bashir, its finance minister told Reuters......»»

Category: topSource: reutersNov 8th, 2019

London retains global finance throne amid Brexit chaos

Reuters analysis shows London has held onto its title as global finance's top dog, but as Brexit nears worries over job losses are starting to rise again. Julian Satterthwaite reports......»»

Category: videoSource: reutersOct 15th, 2019

London retains global finance throne amid Brexit chaos

From the pinnacle of the City of London's largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit......»»

Category: topSource: reutersOct 15th, 2019

Personal Finance Daily: Why Walmart, Disney and so many other companies are paying for their employees’ college education, and how the collapse of Thomas Cook could lead to deals for American tourists

Tuesday’s top personal finance stories.....»»

Category: topSource: marketwatchSep 24th, 2019

Turkey to support local companies hit by Thomas Cook; 21K customers in country

The Turkish finance and tourism ministries are working on a loan support package for local companies affected by the collapse of travel firm Thomas Cook , the Tourism Ministry said on Monday......»»

Category: topSource: reutersSep 23rd, 2019

Labour"s McDonnell says Thomas Cook bosses should pay back bonuses

Thomas Cook bosses should have to pay back any bonuses they have received, Britain's opposition Labour Party finance spokesman John McDonnell said on Monday following the travel firm's collapse......»»

Category: topSource: reutersSep 23rd, 2019

New York extends lead over Brexit-hit London in finance center: poll

New York has extended its lead as the world's top financial center, with London barely holding on to second place ahead of Hong Kong as uncertainty over Brexit takes its toll on the UK capital, a Z/Yen Group survey for 2019 showed on Thursday......»»

Category: topSource: reutersSep 19th, 2019

New York extends lead over Brexit-hit London in finance center poll

New York has extended its lead as the world's top financial center, with London barely holding on to second place ahead of Hong Kong as uncertainty over Brexit takes its toll on the UK capital, a Z/Yen Group survey for 2019 showed on Thursday......»»

Category: topSource: reutersSep 19th, 2019