When UBS wealth manager Abdallah Najia came to Switzerland from Dubai in March for a week of training, he was as stunned by the message as by the scenery.
Credit Suisse is facing a shareholder revolt over pay after an influential advisory group asked investors to block the Swiss bank’s plan to issue shares for employee bonuses.
I was just 16-years-old when I wrote to Margaret Thatcher. It was 1975, and she had just become Leader of the Conservative Party.
The long exile of "trading" from the earnings reports of Goldman Sachs has come to a quiet end.
European lawmakers voted on Tuesday to cap banker bonuses at the region’s largest institutions, as part of a major set of reforms designed to curb the financial industry’s risky behavior.
Bank of America Corporation has reported net income of $2.6bn for the first quarter of 2013, compared to $653m in the first quarter of 2012. Revenue, net of interest expense, on a fully taxable-equivalent basis rose 5% to $23.7bn from $22.5bn a year ago.
The deadly Boston Marathon bombings won't "change the way we live" in the United States, said Jack Jacobs, a retired U.S. Army colonel who received the Medal of Honor.
Barclays has failed to win the all-clear from a powerful investors' group about the way it is using complex financial instruments to raise capital and pay its bankers.
Warning - you may find some of these pictures upsetting.
Not everyone was firing - at least not all the time.
World stock markets got off to a rocky start in September closing sharply down on fears that China’s slowing economy will hurt economies across the globe.
Careful what you wish for.
Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalise on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according to people familiar with the bank's plans.