Goldman Sachs has hired Kate Richdale from Morgan Stanley to head investment banking services for Asia excluding Japan as the Wall Street firm looks to strengthen client relationships in the region.
Jacko Maree, 57, is stepping aside as Group Chief Executive of Standard Bank Group (SBG) after more than 13 years at the helm of Africa's largest bank.
Aviva, the U.K.’s second-biggest insurer, said it won’t pay bonuses to executive directors or award pay rises for 2013 after cutting its second-half dividend by 44%. The shares plunged.
At the IHS CERAWeek Conference in Houston on Wednesday, CNBC spoke to BP CEO Bob Dudley about the persistent cyber threats that companies like his receive.
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European Union plans to curb bankers’ bonuses will push those working in London’s finance industry to join the campaign for Britain to quit the bloc, a leading euroskeptic Conservative Party lawmaker said.
Paul Smith moved from London to Hong Kong to work in Asia’s hedge-fund industry almost 17 years ago, and he rode the boom to its peak. Last year, like other industry veterans, he quit.
A spat between Saudi billionaire Alwaleed Bin Talal and Forbes over the exact fortune of the prince has taken another twist.
Deutsche Bank has rejigged its global leveraged debt capital markets team, according to an internal memo seen by IFR on Tuesday.
A San Fernando Valley-based investment advisor was sentenced to two years in federal prison for his role in an investment scheme in which he stole profits from trades executed on his clients’ behalf, depriving them of more than $900,000.