There are surprisingly few signs that equity hedge funds have made big changes to their portfolios following losses.» Read More
*Departure comes amid probe of JPMorgan's hiring practices. HONG KONG, March 24- JPMorgan Chase& Co's chief executive for China investment banking, Fang Fang, will leave the firm, according to an internal memo- a departure that comes amid a probe of JPMorgan hiring practices in Asia. A spokesman for JPMorgan declined to comment.
Australian billionaire Gina Rinehart has secured $7.2 billion in debt for her Roy Hill iron ore mining project.
NEW YORK, March 19- Marketwired, a company that publishes and distributes corporate earnings and other market-moving news releases, said on Wednesday it would no longer sell directly to high-frequency trading companies.
Here's how to stop high-frequency trading: Institute a "cancellation tax" or eliminate payment for order flow.
American Express said four financial investors have committed a total of $900 million to a business travel joint venture.
NEW YORK, March 17- American Express Co said on Monday that four financial investors have committed a total of $900 million to a business travel joint venture, in what would be the largest single investment ever made in a travel management company.
The FDIC sued 16 of the world's largest banks on Friday, accusing them of collusively suppressing interest rates, Reuters reported.
UBS's highest paid executive was investment banking chief Andrea Orcel, who earned 11.43 million Swiss francs in 2013, surpassing the CEO and chairman of the bank.
UBS chief executive Sergio Ermotti's pay rose by a fifth to $12.30 million in 2013, according to its annual report published on Friday.
As global stocks stage a big rebound, one market watcher says the initial plunge was a major pressure point for Russia's Vladimir Putin concerning Ukraine.
Markit, the financial data company set up by a former trader in his shed, is set to mark its evolution with a share offering in New York this year.
Eighteen brokerages agreed to end participating in analyst surveys as a result of a N.Y. investigation into the early release of analyst sentiment.
Gareth McCartney of UBS says the uptick in public listings in Europe will continue, boosted by the quality of assets coming to market, and the breadth of sectors and regions.
"Stress tests" reassures the markets of the stability of solvent institutions, and force weaker ones to repair their balance sheets. The FT reports.
Europe's initial public offering market is on track for its busiest start to the year as private equity companies seek to capitalize on demand.
Gold may extend gains to fresh three-month highs this week, on mixed U.S. data, though some warn the rally may be capped around $1,350.
Here's what Pershing Square's Bill Ackman thinks about a slew of companies.
A top Chinese regulator asked Jamie Dimon to hire a family friend who now works at JPMorgan, The New York Times reports.
Swiss voters on Sunday narrowly backed proposals to reintroduce immigration quotas with the European Union, Swiss television reported.
Hartmut Issel, Head of CIO Wealth Management, APAC at UBS, says U.S., European and North Asian stocks are among his top market picks.