Bank of America and Morgan Stanley are getting slammed — BofA is lower than $6 for the first time since February 2009.
Two senior Morgan Stanley stock trading executives in London, Michel Sindelar and Cyrille Walter, reportedly are leaving for Bank of America to work for former Morgan Stanley trading executive Fabrizio Gallo.
Cost-cutting at DB includes a rule that Deutsche Bankers have to take coach if their flight is less than 6 hours.
Former Goldman Sachs banker Kenji Tanaka’s fund Kinuza, which is backed by Mitsubishi, is looking at its first investment in private equity.
Evercore Partners has hired Tim Main (pictured), formerly a top banker at JPMorgan Chase, to work as a senior adviser for the firm’s investment banking division.
Bank of America’s tech analyst James Kissane is said to be leaving the bank to join Credit Suisse.
Former Morgan Stanley MUFG strategist Alexander Kinmont, who left the bank in July, is expected to start his own hedge fund called Milestone Asset Management Co.
BofA’s stock is trading below $6 for the first time since February 2009.
Bank of America’s website is down… again.
The Department of Homeland Security has advised financial companies to be vigilant against a cyber-security threat from activist hacker group Anonymous who are currently marching alongside the Occupy Wall Street protesters.
Economist Joseph Stiglitz visited the Occupy Wall Street headquarters at Zuccotti Park in Lower Manhattan yesterday and he looked like he had a great time.
Kynikos Associates’ hedge fund manager Jim Chanos was one of the “better known” among those who attended Warren Buffett’s fund-raiser dinner for President Barack Obama’s reelection campaign.
Hedge fund Vanquish Capital Group must pay Wells Fargo more than $2 million to end a three-year-long dispute with the bank over a credit default swap.
Karolina Stefanski, a former Playboy model, is counter suing her ex-boyfriend Andrew Oberwager, a Connecticut-based portfolio manager, claiming he lied in his initial lawsuit.
Goldman Sach’s coffee cups from the free coffee tray have been replaced with smaller cup sizes.
Fifteen years after Tupac’s death, a sex tape has allegedly emerged of the rapper engaging is sexual acts with a female believed to be filmed in 1991.
Erin Burnett’s new show Erin Burnett OutFront debuts on CNN tonight at 7 p.m.
Snowshoe ski resort in West Virginia already has at least four inches of snow on the ground.