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Gird yourselves
Longtime chief executive seeks to buck ‘horrific’ Wall Street record for handing over top jobs
Plus, Swedish games group Embracer gets burnt by a failed partnership and Alphaville goes behind the scenes of a Caribbean website’s Credit Suisse scoop
CMA’s initial finding shows traders exchanged sensitive information on pricing and strategies
The war in Ukraine has put a spotlight on tech-led defence companies
Three internal candidates vie to succeed Australian banker who turned Wall Street bank into wealth management giant
Automation bifurcation agitation
Wall Street bank is under investigation by federal prosecutors and the securities regulator
Latest round of reductions comes as Wall Street adjusts to extended dealmaking slump
US bank’s first-quarter profits fall almost a fifth as wealth business fails to offset trading slowdown
The division’s 11% jump in top line is less impressive than it looks
Banks won’t be short your house, but they might be less long your house
Franck Petitgas brought in as UK government seeks to deliver on economic pledges by end of 2023
Customers pulled almost $100bn from ‘Big Four’ retail lenders in first quarter, according to analysts’ forecasts
UBS chair pivotal to biggest banking deal since 2008
Increasing popularity of actively managed vehicles has lured a number of heavyweight managers to the market
Does a double-black-diamond run await?
In a crisis, will universal banks do better?
Forfeitures after WhatsApp scandal range from a few thousand dollars to more than $1mn per employee
Investment bank cites weaker financial performance and ‘challenging’ economy in 2022
The Wall Street investment bank has outflanked its old rival by diversifying into wealth management
Diverging fortunes of Wall Street’s premier investment banks laid bare by fourth-quarter earnings
Shares climb more than 7% as investors look past drop in profits in investment banking unit
Wall St’s biggest lenders generate interest income for final quarter of 2022 of almost $60bn
Chief operating officer stepping down at the end of the month ‘to pursue other opportunities’
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