Some of you might be surprised by this list.
JPMorgan posted first-quarter profit that beat Wall Street estimates as the firm slashed bankers’ pay, and trading revenue declined less than most analysts predicted. The shares rose in early trading Wednesday.
Credit Suisse needs to strengthen its board of directors after the bank disclosed almost $1bn of writedowns linked to illiquid positions, David Herro, chief investment officer at Harris Associates, told Finanz und Wirtschaft.
Just five start-ups surpassed a $1 billion valuation in the first quarter of 2016 as venture capitalists held tight to new cash, according to a new report.
BNY Mellon's activist board member on Tuesday praised the bank's financial progress and the leadership of Chief Executive Gerald Hassell, even as the company's stock is down about 12% over the past year and lagging the benchmark S&P 500 Index.
Funds are cutting allocations to Europe and Japan equities as fears grow that central banks' easing efforts will fail, Bank of America-Merrill Lynch's fund manager survey for April showed.
A Munich judge said prosecutors pursuing Deutsche Bank executives in a year-old criminal trial related to the collapse of Leo Kirch’s media empire have failed to prove the charges as the proceedings move to the final stages.
The Financial Conduct Authority (FCA) has announced Tracey McDermott, its acting chief executive, will leave at the beginning of July.
JPMorgan cut about 5% of jobs at its Asia-Pacific wealth-management unit as it refocuses staff on serving clients with higher investment thresholds, a person with knowledge of the matter said.
HSBC investors should reject the bank’s “excessive” executive pay plans at its annual general meeting, according to a shareholder advisory group, which branded the position of chairman Douglas Flint “untenable”.
Moody's is raising the red flag on the Chinese banking sector as small and mid-size banks increasingly rely on wholesale funding to aid rapid asset growth.
UBS is eliminating about 15 jobs at its investment bank and corporate centre in Paris, according to a person with knowledge of the matter.
Tens of thousands of people have put their names to a petition protesting against the appointment of a former European Union leader to the investment bank Goldman Sachs, calling the move "irresponsible" and "morally reprehensible."