Asian stock markets drifted lower Tuesday after China reported its weakest economic growth in five years. Wall Street stock futures were under pressure several hours ahead of the market open in New York. Japan’s Nikkei 225 index fell 2...
Market News
  • 119
  • 2
21 October 2014, 09:12
Apple Inc. said its quarterly profit rose 13% as strong demand for its new larger-screen iPhones helped to overcome sluggish iPad sales. The Cupertino, Calif., technology giant AAPL, +1.46% is riding high from the flood of demand for a pair of new iPhones released in September...
Market News
  • 144
  • 2
  • 3
21 October 2014, 00:02
In the latest hiring roundup, Credit Suisse is hiring investment bankers in EMEA and Asia, BlackRock may need more help in fixed income and Deutsche Bank is loading up on US wealth managers. New fixed income team in Europe Liquidnet, a U.S...
Banks
  • 250
  • 1
  • 2
20 October 2014, 23:54
Last week, U.S. investment banks lifted their skirts to display what happened beneath during the three months to September...
Banks
  • 265
  • 1
  • 2
20 October 2014, 23:31
The face of automation on Wall Street is a computer hooked up to nine blinking screens that goes by the name Quantitative Market Maker, or Q.M.M. Until last year, the work that Q.M.M. performs was handled by human traders at JPMorgan Chase, who would shout prices into a phone and yell "Done...
Market News
  • 262
  • 2
  • 2
20 October 2014, 17:28
First Published 20th October 2014The European Banking Authority's (EBA) insistence that a bonus cap should be applied to bankers pay remains advisory and is, in any case, made on the basis of a decision that was beyond the EU's powers...
Banks
  • 154
  • 2
20 October 2014, 16:49
It’s a good time to get an entry-level job at Goldman Sachs...
Banks
  • 503
  • 2
20 October 2014, 16:18
Despite recent wobbles among computer-driven hedge funds, a good quant remains a valuable commodity...
Company News
  • 222
  • 1
  • 3
20 October 2014, 11:58
Adidas AG, the world’s second-biggest sporting-goods maker, jumped in Frankfurt on a report that a group of investors plans to bid about 1.7 billion euros ($2.2 billion) for the company’s Reebok unit. The shares gained as much as 7.2 percent to 58...
Market News
  • 154
  • 2
20 October 2014, 09:54
With demand for copper set to swell, producers are turning to 21st century ideas to boost output of the metal that’s becoming a more crucial component of the expanding global economy...
Metals
  • 296
  • 2
20 October 2014, 09:43