It’s a tough job market.
Growing pressure to either downsize or exit parts of this business altogether.
One Libyan official described Goldman as the 'bank of mafiosa'.
A fired HSBC equity derivatives trader who sued the bank for $2.6m was awarded just $63,400 in a French lawsuit over his dismissal for sending client data to his personal Yahoo! e-mail address.
Seven former Deutsche Bank managers were convicted by a German court of participating in a conspiracy to cheat on value-added tax refunds for carbon-emissions trading.
Daiwa Securities, a Japanese brokerage with operations in the U.K., would have to set up a business in the European Union that replicates or replaces some functions in London if Britain votes to leave the bloc, according to a memo to employees.
Microsoft announced a deal to acquire professional social platform LinkedIn for $196 per share Monday. The all-cash deal is valued at $26.2 billion.
A BNP Paribas trader fired amid a U.S. probe into sanctions violations asked a Paris employment tribunal for about $3.2m days after the same court awarded Jerome Kerviel more than $506,745.
Wall Street's most powerful investment bank has rejected a demand from MPs probing the collapse of BHS that would drag its executives deeper into their inquiry.
Eight years after the collapse of Lehman Brothers sparked a global financial crisis, the spread of Britain’s bonus culture from the bankers of the City to the hi-tech start-ups of London’s Shoreditch has seen pay top-ups leap to a new record level.
Capital levels "have historically not had much predictive power for bank failures," Summers and a co-author assert.
Credit Agricole is re-evaluating plans to move its London headquarters to the Canary Wharf financial centre after the U.K.’s vote to leave the European Union, according to two people with knowledge of the matter.