Morgan Stanley may be losing its tech luster.
Jefferies said Tuesday that profit plunged 83% in the fiscal third quarter as trading revenue fell to the lowest since the depths of the financial crisis.
JPMorgan Chase braces itself for a big fine.
Nearly one in eight of the world's workers believe they will never be able to afford to retire fully while millions of people are not financially prepared for life after work, according to international research by HSBC.
Deutsche Asset & Wealth Management (DeAWM) has strengthened its trading team with three recent senior hires.
Austerity has crept up from the man-in-the-street to the boardroom, with one in 10 chief executives in the FTSE 350 not receiving a bonus this year.
If you've ever wondered about the size of Russian President Vladimir Putin's private fortune, allow me to offer a clue: He doesn’t need one.
Banks risk fines as high as 10% of their yearly sales for failing to set up adequate safeguards to combat benchmark rigging, under European Union anti-manipulation rules to be presented today.
A divided U.S. Securities and Exchange Commission will propose that public companies disclose how much more their chief executives earn than rank-and-file workers.
George Osborne is entitled to claim a few political points from the sale of a 6% slice of Lloyds Banking Group.
Goldman Sachs CEO Lloyd Blankfein is continuing a busy schedule while battling cancer, his top deputy said Tuesday.
Deutsche Bank plans to appoint North America equities head Thomas Patrick to run the firm’s global stock-trading business, a person with knowledge of the decision said.
The bonuses of City executives should be linked to whether or not they meet targets for the number of senior women appointed at a firm, according to a government-backed report.