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Goldman Sachs dumps staff numerical-ranking system

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Wall Street firm shakes up performance reviews as workers seek 'more frequent and constructive feedback'

Five key takeaways from the FX code of conduct

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First tranche of Bank for International Settlements’ guidelines for global foreign exchange market participants cover ethics, settlement, execution and more

Nasdaq launches blockchain-ready tech hub

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The stock exchange group has been an early mover in developing technology that harnesses the potential of distributed ledgers

Citi market structure expert launches fintech startup

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A senior market structure expert at Citigroup – who had been part of the leadership team at the Plato Partnership equities trading initiative – has left the bank to launch a fintech startup.

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The European chief executive of Instinet, the electronic agency brokerage that is now the focus of Nomura's scaled-back equities operation in the region, has decided to leave after more than four years in charge.

Tata plan is inventive way to avoid BHS-style pensions disaster

Comment: Cutting pensions before a company goes bust has risks – but is better than firefighting afterwards

Bob Diamond’s Atlas Mara posts $6.7m loss

African banking group’s first-quarter results hit by high operating costs and bad loans in Zimbabwe

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Main investor confirms intent to sever ties – raising questions about where the private equity firm will now source the capital for deals

Jefferies' former French chief to launch London boutique

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Ex-Greenhill banker's new advisory firm will focus on working with French companies hoping to strike deals in the UK, and vice-versa

Rating agencies join investors to sign ESG pledge

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S&P and Moody’s join peers and investors managing $16trn in assets in 'unprecedented' commitment to ESG

Surge of euro CLOs could be left waiting a while

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After a busy two months of CLO launches fears are rising that there will not be enough loans in the market to feed them

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Bill Priest doesn’t have much of a plan for retirement. The 74-year-old, who started out in asset management in 1965 and has founded two multibillion-dollar firms along the way, is still going strong.

Ex-Cantor and Psigma heads launch hedge fund

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London-based Vermeer Investment Management will initially focus on global equities

Wall Street crime: Seven years, 156 cases and few convictions

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Proceedings against individual bank employees are rare, and authorities have had difficulty winning cases

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