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RBS cash bonuses limited to £2,000

Gun to RBS

Cash bonuses at the Royal Bank of Scotland (RBS) will be limited to £2,000 next year, Britain's Prime Minister David Cameron told Parliament on Tuesday.

Deutsche Bank suspends currency traders

Deutsche Bank - External

Deutsche Bank has suspended several currency traders in New York in an internal probe that forms part of an international investigation into alleged manipulation of the global currency markets, a source familiar with the matter said on Wednesday.

JPMorgan warning

Red Warning Light

Ongoing lawsuits, fines and regulatory hurdles will continue to hurt the bank's earnings, Dick Bove of Rafferty Capital told CNBC on Tuesday.

Moelis plans IPO early this year

Piggy Bank

Moelis, the advisory firm founded in 2007 by former UBS banker Kenneth Moelis, is exploring an initial public offering early this year, according to two people with knowledge of the preparations.




Top C Suisse trading exec said leaving bank

Dan Mathisson, the executive who helped build Credit Suisse into an electronic-trading powerhouse over the past decade, plans to leave the bank at the end of next month, according to people familiar with the matter.