Citigroup lobbyist Amy Overton is leaving the bank for Wall Street rival Goldman Sachs.
RBS CEO Stephen Hester tells it like it is.
Got $16,000 or so?
London Mayor Boris Johnson lashed out at a European Union cap on bankers' bonuses on Thursday, warning that the move will shunt banking business away from the City of London and towards Zurich, Singapore and New York.
A portfolio manager at GLG Partners Inc., was one of the three employees arrested Wednesday in London on suspicion of insider trading, according to a person with knowledge of the matter.
Royal Bank of Scotland will recoup $458m from bankers by cutting its bonus pool and clawing back compensation following its fine for rigging Libor.
Now that's an apple we would like a bite of!
A colossal savings glut in China, the world's second largest economy, means British workers in their twenties will only be able to retire at 75, a report by the Center for Economic and Business Research (Cebr) showed on Thursday.
The gravy train is over.
UBS was sued for wrongful dismissal by two former traders in Singapore who claimed they were fired in a bid by the bank to cover up its role in allegedly manipulating key reference rates.
BlueCrest Capital Management was sued by a group of investment firms over claims an employee at the hedge fund run by billionaire Michael Platt conspired with banks to rig the Swiss franc Libor rate.
Deutsche Bank, the bank with the highest legal bills in continental Europe, said Richard Walker will retire as the company’s general counsel at the end of the year at his own request.
Goldman Sachs seized on Japan’s buoyant stock market and local companies’ appetite for mergers to become the only large foreign investment bank to boost revenue, profit and headcount there last fiscal year.