Barclays' co-heads of equities, Todd Sandoz and Paul Leech, have stepped down from their roles and left the bank, a company spokesperson said on Monday, as the British bank continues a reshuffle of its investment bank's management.
Hedge funds betting against stocks globally abandoned those trades last week at the fastest pace since 2015, surpassing the speed of their exodus from the meme stock frenzy two years ago, according to a Goldman Sachs research note.
Private equity firm Carlyle Group Inc on Monday appointed former Goldman Sachs Inc executive Harvey Schwartz as chief executive officer, effective Feb. 15.
Poland's Alior Bank is targetting a return on equity (ROE) of more than 13% by the end of 2024, up from 7.6% at the end of September, under its new strategy, it said on Monday.
Lithuania may introduce a windfall tax on banks if profits continue to soar this year on the back of rising interest rates, the country's central bank governor and finance minister said on Monday, with proceeds likely to go towards defence spending.
A Madrid court has cut the compensation Santander has to pay Italian banker Andrea Orcel by 8 million euros ($8.6 million) to 43.4 million euros in a dispute over the Spanish bank's withdrawal of an offer to make him CEO, a court document showed on Monday.
In a show of confidence that strengthens the Rothschild family's grip on its Paris-listed investment bank, the financial dynasty said on Monday it plans to take Rothschild & Co private.
Carlyle Group has hired Harvey Schwartz, a former Goldman Sachs executive, as its next chief executive officer, a person familiar with the matter told Reuters on Sunday.
Japan's government is intensifying its search for a successor to central bank governor Haruhiko Kuroda, a choice that will affect how soon the Bank of Japan (BOJ) could phase out ultra-loose monetary policy.
Japan's government is intensifying its search for a successor to central bank governor Haruhiko Kuroda, a choice that will affect how soon the Bank of Japan (BOJ) could phase out ultra-loose monetary policy.
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