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Bankers said to be heading home

Cinese Flag

For Shiwei Zhou, it was partly the sense of obligation toward after-work drinks and talk of ice hockey. William Su felt his career was stuck after four years in the same role. QJ Guo wanted to be near his parents as they age.

Deutsche Bank bonus pool cut by 11%

Deutsche Bank - Foyer Bridge

Deutsche Bank, which runs Europe’s biggest investment bank, cut its bonus pool by 11% after rising legal expenses hurt earnings last year and said volatility in financial markets means the first quarter may be challenging.

Hedge fund owner could sue FBI


A lawsuit brought by a hedge fund owner who claimed that an F.B.I. raid had violated his civil rights and forced him to close his business may proceed to determine whether evidence will support his “grave allegations,” a judge said on Thursday.