BLOOMBERG Arnaud Droitcourt, Bank of America Corp.’s head of Asia-Pacific equity trading, left the company as it cuts jobs to trim expenses, according to a person with knowledge of the matter. Droitcourt, a Hong Kong-based managing director who oversaw both cash equity and equity derivatives trading of the bank, left Tuesday, said the person, who asked not to be identified ...

BLOOMBERG European Central Bank (ECB) Executive Board member Yves Mersch has said he wants evidence that high-denomination euro banknotes facilitate crime. While there’s been much coverage of the matter, Mersch would be “very happy if any substantiated evidence would be shipped to the ECB.” Step forward the Spanish police, who arrested two men at Madrid airport and seized 200,000 euros ...

Bloomberg For the biggest US bank, the best way to fight Silicon Valley is to mimic it. JPMorgan Chase & Co.’s. new technology hub across the street from the Hudson Yards development on Manhattan’s West Side — a 125,000-square-foot space so vast it’s subdivided into five neighbourhoods — has all the trappings of a start-up: foosball tables, a game room, ...