Goldman Sachs Group Inc.’s Eric Kirsch plans to retire as global head of insurance asset management, a position that involved overseeing $ 75 billion for clients, according to a company spokesman.
BusinessWeek.com — Finance
Bank of England Governor Mervyn King defended policy makers’ decision to hold interest rates at a record low as he noted risks to the economic recovery from the sovereign-debt crisis in the euro area.
BusinessWeek.com — Finance
Irving Picard, the trustee liquidating Bernard Madoff’s firm, filed a revised lawsuit today against JPMorgan Chase & Co., demanding a minimum of $ 19 billion in damages.
BusinessWeek.com — Finance
The stiff additional capital requirements being considered by global regulators may give the biggest banks a financing advantage
BusinessWeek.com — Finance
The stiff additional capital requirements being considered by global regulators may give the biggest banks a financing advantage
BusinessWeek.com — Finance
European stocks advanced, rebounding from a 2 1/2 month low, led by a rally in Eurasian Natural Resources Corp. as investors speculated that the mining company may receive a takeover approach.
BusinessWeek.com — Finance
While entrepreneurship students get MBAs with the goal of launching a startup, many make corporate pit stops before they go into business for themselves
BusinessWeek.com — Small Business
Russell Investments’ annual index revisions may help financial companies the most, thanks to Citigroup Inc. and BankUnited Inc., according to JPMorgan Chase & Co., BlackRock Inc. and Credit Suisse Group AG.
BusinessWeek.com — Finance