Royal Bank of Scotland has reported losses of £7bn for 2016, taking its losses since its 2008 government bailout to more than £58bn.
Barclays revealed Thursday that its incentive pay pool shrank in 2016, despite revealing its pre-tax profits had almost trebled.
Forty top eurosceptics from the worlds of business and politics have come out against the London Stock Exchange's proposed £21bn mega-merger with Deutsche Boerse, calling for the deal to be blocked until after Brexit negotiations.
Chinese celebrities' compensation has rapidly increased in recent years, and many are using their new-found wealth for venture capital investments.
Barclays tripled its profits last year but is still facing hefty fines and penalties and has cut its payout to shareholders.
Rich Donovan worked as a trader for Merrill Lynch for 10 years after graduating from the prestigious Columbia Business School. It was competitive enough, but with Cerebral Palsy he felt he had more to prove.
The bonus reductions primarily affected senior bankers and traders, as the pool for junior employees increased in a bid to retain talent,
Hedge fund billionaire David Einhorn is separating from his wife of 24 years, Cheryl Strauss Einhorn, and the pair is heading for divorce, sources have confirmed to The New York Post's Page Six.
Another day, another big bank reports its numbers - this time, it's Barclays' turn.
Past performance is no guide to future returns, as investors are so often told, but the French electorate runs the risk of creating a crisis worse than the fall of Lehman Brothers if it follows the U.K. in instigating a referendum on EU membership, according to analysts at Deutsche Bank.
Veterans of Goldman Sachs may enjoy top billing in Trump's administration, but executives from one little-known bank could soon wield enormous influence.
All eyes will be on Barclays investment bank when it announces fourth-quarter results on Thursday, as investors look to see if CEO Jes Staley’s pledge to keep the securities unit is paying off.
Here's a league table of 30 of the biggest trading losses of all time (excluding CDO losses post 2007).
Looks like he has a tough job on his hands.
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The overall banking and legal fees on this deal have been estimated to be a much as $1bn.
The SpaceX and Tesla founder is a voracious reader.
Two former currency traders from Deutsche Bank and HSBC were sentenced to jail terms of as long as 15 weeks for cheating the banks by making false trades.
Here's a list of 12 smart comebacks.
It’s the moment that every financial market professional dreads - when your boss tells you that you're getting a big fat zero.
Barclays became the latest European firm to post bond-trading revenue that missed analysts’ estimates as the continent’s banks grabbed the smallest share of that business since the financial crisis.
Nomura Securities has announced that it has signed an agreement to be a Global Sponsor of the 2017 World Baseball Classic.
Barclays boss Jes Staley was in a chatty mood Thursday – perhaps unsurprising given his bank just announced it had nearly tripled its yearly profits.