Commerzbank chose Martin Zielke, the insider who overhauled its consumer-banking unit, to succeed Martin Blessing as chief executive officer.
London Stock Exchange Group chief executive Xavier Rolet could walk away with £16m if the London operator's proposed merger with Frankfurt-based Deutsche Boerse is successful.
The banking sector already has a pretty bad reputation when it comes to diversity among the genders - but things are about to get worse, after new research suggested some female bankers can expect a bonus less than half the size of their male counterparts.
If you’re planning to give up your university summer break, you may want to make sure you’re being adequately reimbursed – especially if you’re working long hours in one of London’s biggest banks.
Last month banks provided City regulators with individual statements of responsibility for every one of their senior managers, detailing their personal accountabilities.
A London banker hired by Libya to manage more than $800m is being sued over claims he misappropriated assets the country had invested before the revolution to support a lavish lifestyle.
Ever since Bernie Madoff’s Ponzi scheme collapsed in 2008, it’s been much-rumored that investors included tax dodgers shielding money from the IRS, drug dealers who laundered proceeds through the con man and wealthy moguls hiding assets from ex-spouses.
The new chairman of Alliance Trust has pledged to get women on to its all-male board after a turbulent year for the Dundee investment firm, which reported a fall in 2015 profits.
The looming EU referendum is slowing M&A activity - and a Brexit could make the country "less attractive", experts have warned.
Bank of America got called out by Wall Street’s top regulator for not adequately explaining why Chief Operating Officer Thomas Montag and other executives received millions of dollars for 2015.
Never imagining his dad would trade on the information, former Perella Weinberg Partners investment banker Sean Stewart told his father about his work on a pending merger - but only because he was so busy he thought he might have to postpone his wedding.
Bank of America has hired Izumi Devalier from HSBC as its chief economist for Japan, according to an internal memo obtained by Bloomberg.