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Ex-Morgan Stanley star lands at hedge fund

John Hyman, whose high-profile move to Nomura fell through earlier this year, resurfaces at one of London's oldest hedge funds

Supreme Court rules in favour of millionaire heiress

Pre-nuptial agreements are now legally binding, bringing the UK in line with much of Europe

Alternatives industry welcomes AIFM compromise

Private equity and hedge fund industry cautiously welcome 'Belgian compromise' as European council takes softer line on contentious directive

The alternative investment fund managers' directive has been approved with French proclaiming offshore funds 'compromise'

US bank reports worst quarter for trading business since Lehman Brothers collapsed, while Bank of America Merrill Lynch fared less badly by comparison

A hedge fund manager turned designer talks about her inspiration, and this week, it's a Rothschild MD

No hedge funds, no SWFs ... who's signed up to the UK's investor code?

If shareholders had only kept bankers on a tighter rein, the financial crisis might have been stopped in its tracks, so the argument goes. This morning, 68 asset managers, pension funds and others signed up to new governance guidelines, but is that enough?

State Street Q3 profit rises well above estimates

Custody bank's assets under management jump nearly 10%

Buyout heavyweights call for fee overhaul

Jon Moulton and David Rubenstein says private equity industry should move away from 'one-size fits all' fee model

Bank of America third quarter loss widens on $10.4bn in writedowns

Investment banking division turns in higher earnings over the second quarter, rising to $1.4bn from $900m.

Goldman Sachs Q3 net down less-than-feared 40%; trading weak

US bank fails to beat analysts estimates on revenues due to fall in trading and principal investments

Heard on the Street: Bluebay cashes its bond-market chips

The decision by Bluebay founders Hugh Willis and Mark Poole to sell the UK-listed fixed-income specialist is bound to raise speculation they are calling the top of the bond-market boom

What's the difference between an Italian and a Polish millionaire?

Local knowledge is paramount for private banks chasing regional pools of wealth

Schwarzman says regulators slow down recovery

Blackstone CEO says Hong Kong and Singapore are emerging to compete with London and New York

Natan Tiefenbrun, commercial director of alternative trading platform Turquoise, argues in his latest blog post that accusations exchanges sell data feeds to high frequency traders are wide of the mark

Emerging markets retain allure for risk-hungry investors

Concern over more central bank help turns managers off Europe and the US

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