Let's get real here!
Senior hedge-fund and private-equity managers may face long waits for bonus payouts in a push by the European Union to impose bank-style pay rules on the industry.
Working in shorter bursts with frequent breaks and even a nap, like in Europe, can actually make employees more productive, a workforce consultant told CNBC.
Andurand Capital Management LLP took on as an intern Clement Lefert, winner of a swimming gold medal at the London 2012 Olympics, as the oil and commodities hedge fund expands its team after it began trading February 1st.
When Chuck Prince was CEO of Citigroup from 2003 to 2007, he didn’t know about a surge in mortgage risk that his own investment bankers loaded on to its bank’s books.
A $1.6bn collateralized debt obligation issued by Vertical Capital LLC in March 2007 with the same name as a portion of the beach at St. Tropez, France, burned out just 228 days after it was issued.
A new report by a non-profit government watchdog group says former SEC employees, hired away from the Commission by the private sector, "routinely" help their new employers to influence the agency and blunt SEC enforcement actions.
If you thought people in accounting and analyst jobs were boring, think again. Some have real creative talent, but occasionally their audience is far bigger than intended.
Royal Bank of Scotland’s pledge to recoup $470m of its fine for rigging interest rates from bankers’ bonuses was criticized by British lawmakers as an exercise in 'creative accounting'.
The Financial Services Authority has fined UBS for failures in the sale of the AIG Enhanced Variable Rate Fund (the Fund).
Barclays posted a 35% jump in second-quarter profit at its investment bank as litigation and restructuring expenses fell.
Nomura's first-quarter profit more than tripled as a surge in brokerage commissions and investment-banking fees outweighed a drop in trading income.
Barclays set aside £1.8bn in the first half of the year to compensate customers for a string of mis-selling scandals and fines.