Moody's to pay US$864m over GFC allegations
Moody's has agreed to pay US$864m to settle with US agencies over its ratings of risky mortgage securities in the lead up to the GFC.
JPMorgan, Bank of America profits surge
Profits at JPMorgan Chase and Bank of America surged last year, as the industry received a boost from a stock market rally.
Deutsche Bank bans text messages
Deutsche Bank has banned text messages and communication apps on company phones in an effort to improve compliance standards.
Deutsche Bank looks to fill Ormaechea's shoes
Deutsche Bank has reaffirmed its commitment to the Australian market and plans to appoint a new local boss within months.
Peter Hall resigns from Hunter Hall LIC
Founder Peter Hall has quit another role, this time as director of Hunter Hall's listed investment company.
Peabody gets $2b bankruptcy lifeline
Peabody Energy announced that a group of banks, including Macquarie affiliates, has pledged a combined $2b in loans to help it exit bankrup...
Westpac Bank's Col 'The Rat' Roden in role change
Westpac Banking Corp's influential money markets trader Colin Roden has quietly changed roles ahead of the bank's BBSW stoush with the corpo...
BP lawyers up as it readies for Woolworths review
Fuel giant BP has turned to law firm Corrs Chambers Westgarth as it seeks to seal its $1.8 billion Australian purchase.
Deutsche Bank's Michael Ormaechea to retire
Deutsche Bank's head of Australia, Michael Ormaechea, will retire after 22 years at the bank.
Morgan Stanley kicks off bonus season, two new MDs
Morgan Stanley got the annual bonus season underway on Thursday, with two bankers promoted to managing director among the chaos of comp day.
