Financial Services

Nomura and Macquarie Reveal Market Weaknesses

Both Nomura and Macquarie made announcements Friday that pointed to weak performance in investment banking, as merger activity remains tepid amid macroeconomic and regulatory uncertainty.

For Hedge Fund Investors, Does Size Matter?

More than ever, the biggest investors are entrusting their money disproportionately to the largest hedge funds. But, Breakingviews says, they may discover that bigger isn't always better.

BNP Taps Former BofA Executive for Equity Sales

BNP Paribas has hired former Bank of America executive, Chris Innes, to head equity sales for the Americas in New York, Reuters reported.

Cuomo Can Try Ex-Hevesi Aide on Felonies

The central figure in a New York public pension corruption case will be tried on some of the most serious charges brought against him by the attorney general, including felonies, a judge ruled on Thursday.

Suit Seeks $30 Million in Madoff Family Money

The court-appointed trustee seeking to recover billions of dollars lost by Bernard Madoff, the jailed financier, sued three entities Thursday to get back more than $30 million that he said the Madoff family had invested, mostly in oil and gas properties and technology companies.

Why Higher Capital Standards Are Needed

There is a stark contrast between the analytical consensus on the pursuit of higher and more robust capital requirements for banks and the political and regulatory reality, which only highlights how much further we need to go, Simon Johnson writes at Economix.

Why Higher Capital Standards Are Needed

There is a stark contrast between the analytical consensus on the pursuit of higher and more robust capital requirements for banks and the political and regulatory reality, which only highlights how much further we need to go, Simon Johnson writes at Economix.

F.S.A. Publishes New Pay Rules

The Financial Services Authority, the British securities regulator soon to be folded into the Bank of England, released a new set of rules for compensation Thursday, vastly expanding the number of companies for which pay is regulated.

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