Cantor receives $3.4m for joining Moelis

Ex-Republican leader to take seat on boutique bank’s board

Editor’s choice

A customer tries on gold bangles inside a Lukfook Jewellery store, operated by Luk Fook Holdings International Ltd., in Macau, China, on Tuesday, Aug. 26, 2014. Macau is scheduled to release gross domestic product (GDP) figures on Aug. 29. Photographer: Brent Lewin/Bloomberg ©Bloomberg
Foreign managers are turning from frustrating mutual funds to wealth management
(FILES) - A closeup taken on December 31, 2011 in Lille, shows triple "A" letters (AAA). Moody's on February 13, 2012 downgraded the debt ratings of Italy, Spain and Portugal and placed negative outlooks on France, Britain and Austria. The ratings agency cited their "susceptibility to the growing financial and macroeconomic risks emanating from the euro area crisis" and uncertainty over institutional reform in the euro area. AFP PHOTO PHILIPPE HUGUEN (Photo credit should read PHILIPPE HUGUEN/AFP/Getty Images) ©AFP
Berlin-based Scope plans to build a ‘viable alternative’ to Fitch, Moody’s and Standard & Poor’s

Citi pays allowances to avoid bonus cap

US bank joins peers in boosting fixed pay

Goldman lent $835m to BES before bailout

Deal with Portuguese lender could inflict losses on US bank

Banks warn on new global funding rules

Basel regulations will make key equities trades more expensive

US bond bull run wrongfoots Wall Street

Demand for long-dated Treasuries shows little sign of stalling

Earnings and GDP growth fuel India optimism

Strong economic data and positive corporate numbers cheer investors

Tullett CEO eyes electronic trading push

New chief Phizackerley outlines plans for interdealer broker

Washington, DC - March, 14: Financier Warren Buffett and wife Astrid Buffett arrive for tonight's State dinner for the Prime Minister of Great Britain at the White House on March, 14, 2012 in Washington, DC. (Photo by Bill O'Leary/The Washington Post via Getty Images)
©Washington Post/Getty

Warren Buffett: Vanguard’s best salesman

Inflows soar after investor recommends fund to wife in will

Helena Morrissey takes aim at the IMA

Asset management lobby group seeks greater management diversity

European fund houses fear SEC’s reach

US regulator steps up scrutiny overseas


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