Sources report several team members have jumped ship.
A group of first-lien debt holders have made some concessions as the troubled firm tries to dig out of its $1.5B debt hole.
Market analysts continue to whet their appetites before the much-anticipated Jackson Hole speech.
Canadian big six bank is expecting matter to be settled by year-end.
It could upset the planned merger with Skydance Media.
European economies' outlook has weakened.
The firm is hiring 1,000 people this year including compliance staff.
The fixed-income star at the Franklin Templeton-owned firm is facing scrutiny over some past trades in Treasury derivatives.
Notes from the central bank's July meeting and an expected revision in jobs growth are keeping traders busy ahead of this week's Jackson Hole speech.
The company's investment in a disgraced hedge fund has put Bryant Riley's multibillion dollar "labor of love" at risk of crashing down.