Barclays CEO Jes Staley is being investigated by UK regulators over his ties to Epstein — 'I wonder if he can survive this'
"Mr. Staley retains the full confidence of the board," the company said on Thursday.
Trista Kelley
Credit Suisse is overhauling its bonus structure for investment bankers and asking them to agree to a new claw-back provision on cash for people that jump ship
Higher-earning employees who leave within three years of receiving a bonus will have to pay back a portion of it.
Credit Suisse's cash equities bonus pool in Europe is facing a 30% plunge — and insiders are bracing for job cuts
MDs at the bank are bracing for a possible overhaul of the unit that includes a big "RIF," or reduction in force, later this year, says a source.
Deutsche Bank's CEO vows to halt an employee exodus — but insiders aren't convinced as bonuses get chopped
"I'm confident that we will not see higher attrition in 2020 versus 2019," CEO Christian Sewing told analysts on a call on Thursday.
Here's why China won't overtake the US as the largest economy anytime soon
"The widespread assumption that China will overtake the US as the world's largest economy is likely to be proved wrong," says Capital Economics.
10 things you need to know before the opening bell
This is what traders are talking about.
10 things you need to know before the opening bell
This is what traders are talking about.
10 things you need to know before the opening bell
This is what traders are talking about.
Goldman Sachs says Europe's stocks have a huge 'cushion' not seen since the financial crisis
Goldman sees "less obvious triggers for US outperformance" based on earnings and dividend yields, making "a good argument for more geographic diversification."
10 things you need to know before the opening bell
This is what traders are talking about.
Oil's bonkers week saw a 'stunning' collapse after spiking on the Trump-Iran turmoil
"Abrupt reversal in risk appetite" saw oil's spike earlier in the week lead to sharp declines.
Why markets are oddly subdued after Iran's attack on US bases in Iraq: 'You call that a knife?'
Gold punched above $1,600 for the first time since 2013, and oil spiked. But the gains fizzled. "They've barely scratched the US," says an analyst.
No, bitcoin is not the new gold
Bitcoin has been touted as a "safe haven" investment, like gold, in times of geopolitical uncertainty. "The evidence isn't there," says one analyst.
10 things you need to know before the opening bell
This is what traders are talking about.
Gold soars to highest price since 2013 as Trump and Iran escalate threats
Traders fled to safety as Trump doubled down on Iran threats while Iran abandoned a 2015 nuclear pact. Gold was up 1.7% in Monday trading in London.
Goldman Sachs says 'gold is a better hedge than oil' as Trump-Iran tensions heat up
Gold on Monday soared to a six-year high of about $1,588 an ounce, while oil jumped past $70 a barrel.
10 things you need to know before the opening bell
This is what traders are talking about.
Oil surges and global stocks sink on fears Trump's Iran strike will be 'deemed a declaration of war'
Markets swerved Friday after the US killed a top Iran military leader. Futures underlying the S&P 500, Dow, and Nasdaq slumped at least 1%.
The stock market boom may just be getting started — Citi sees 90% odds that equities will rip higher in 2020
Despite plenty of reasons to worry, the odds favor the equity bulls next year, says Tobias Levkovich, Citi's chief US equity strategist.
Short seller Carson Block is moving to New York, and is on the hunt for 'oddball' hires after his hedge fund crushed it this year
The short seller, known for hunting down frauds and other problematic companies, is up about 12% this year. He plans to expand his Muddy Waters fund.