New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 5, 2014
06:48 EDTUBS, BCSBarclays' head of M&A expected to quit bank, FT reports
Paul Parker, Barclays' (BCS) head of mergers and acquisitions, is expected to quit, the Financial Times reports. The FT also notes that Robert Morrice announced on Friday his retirement as Barclays' Asia-Pacific chairman and CEO, and Ros Stephenson quit as chairman of Barclays' investment banking division to join UBS (UBS) as global chairman of corporate client solutions at the Swiss bank. Reference Link
News For BCS;UBS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 2, 2015
06:38 EDTBCSMorgan Stanley poaches two brokers from Citigroup, Reuters reports
Morgan Stanley (MS) has poached two brokers from Citigroup's (C) private banking unit, William Goettert and John Entenberg, who managed $1B in client assets and have a combined $5M in production, Reuters reports. Additionally, Morgan Stanley has hired Louis Greif from Barclays' (BCS) U.S. wealth and investment management unit. Reference Link
September 1, 2015
19:36 EDTUBSUBS settles lawsuit related to sale of risky securities, BI says
Subscribe for More Information
August 31, 2015
06:35 EDTBCSCiti plans to rebuild equities franchise, Reuters reports
Citigroup (C) is planning to rebuild its equities franchise in an effort to capitalize on a retrenchment by rivals in the face of new rules created to make the financial system less risky, Reuters reports, citing people familiar with the bank's plans. It may be tough to overcome leaders such as Goldman Sachs (GS), Morgan Stanley (MS), and JPMorgan Chase (JPM), that have long dominated the sector, the report says. Citi is aiming to profit from a retreat of rivals slow to adapt new rules forcing banks to keep more capital, the report says. Deutsche Bank (DB), Credit Suisse (CS), and Barclays (BCS) are among others rebuilding their investment banking businesses, the report adds. Reference Link
06:10 EDTBCS, UBSBanks lobby EU over privacy rules overhaul, FT reports
Subscribe for More Information
August 27, 2015
18:02 EDTUBSU.S. may prohibit Deutsche Bank, others from managing pensions, Bloomberg says
In correspondence dated mid-July, the U.S. Labor Department tentatively rejected requests from Deutsche Bank (DB), UBS (UBS), RBS (RBS) to manage U.S. pension funds, reports Bloomberg, citing letters between the organizations. Bloomberg notes that the Department could use the "threat of denial" to mandate stricter conditions on pension management. Reference Link
07:57 EDTBCSPlatts to hold a conference
Subscribe for More Information
06:23 EDTUBSGoldman hiring 'several hundred' employees for Warsaw units, Reuters reports
Subscribe for More Information
06:13 EDTBCSJudge throws out HFT suit against Barclays, exchanges, FT reports
A U.S. judge has dismissed investor lawsuits against Barclays and certain U.S. exchanges alleging that the bank rigged its "dark pool" trading venue in favor of high-frequency traders, the Financial Times reports. The judge ruled that the plaintiffs did not claim any actions meeting the definition of "manipulative acts," the report says. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use