The election revealed the country's extreme anxiety over the future of jobs, but fears about robots and automation are overblown, say technology execs.
The number of people racing to make money from driving an Uber, offering their services on TaskRabbit or renting out a spare room on Airbnb has peaked, according to one top investment bank.
The governor of the Bank of England has hit back at accusations by politicians in the US and UK that central banks have increased inequality, saying such allegations are a “massive deflection exercise”.
Job losses now at their slowest pace in more than a decade. Compliance hiring may now fall off.
Professional worlds turned upside down these last few years.
'It would be too complex in the current regulatory environment'.
Sad to report.
Senior Morgan Stanley executives collectively earned about $10.5m over the past week by exercising options and selling shares, with most of them profiting from an election-fueled rally in bank stocks, according to securities filings.
A former Rabobank trader from Britain on Monday avoided prison after cooperating with U.S. authorities investigating how traders manipulated Libor, the leading benchmark for pricing financial transactions, to the bank's advantage.
Former Goldman Sachs partner Steven Mnuchin has been recommended by Donald Trump’s transition team to serve as Treasury secretary, according to two people familiar with the process, and the choice is awaiting the president-elect’s final decision.
To find Societe Generale’s most profitable business, don’t look to its trading floors or executive suites in Paris or London, but to gritty parking lots in Lyon, Helsinki and Sao Paulo.
Thinking the unthinkable.
It's not an easy time to be a banker.
Goldman Sachs hired exchange owner Nasdaq to run its Sigma X stock-trading system, according to two people familiar with the matter, outsourcing day-to-day operations of its dark pool following an industrywide regulatory crackdown and amid escalating costs.
Impaired his ability to control his behaviour.
Citigroup disclosed a new government probe involving the industry’s trading and clearing of interest-rate swaps five months after paying $425m to resolve claims that it attempted to rig derivatives markets.
Antony Jenkins, former CEO of Barclays, has unveiled a new venture that will transform the ways banks operate, enabling them to offer customers superior, faster and cheaper services.
Standard Chartered has become ensnarled in another regulatory problem after admitting it faced potential sanctions from the Hong Kong authorities over its handling of a stock market flotation.
Morgan Stanley Chief Operating Officer Jim Rosenthal will retire at the end of the year, according to an internal memo sent to employees by CEO James Gorman on Friday.
The business of picking stocks and bonds for clients is getting smaller by the day.
Deutsche Bank says it will overhaul its U.S. headquarters at 60 Wall St. in lower Manhattan, with plans to knock out walls and open up space on the skyscraper’s middle floors.
Credit Suisse has frozen dozens of accounts as it tries to determine if U.S. clients are hiding money from the Internal Revenue Service after the firm pledged to come clean about secret assets, according to a person familiar with the matter.
Gilles Graham, a former Citigroup chairman for financial institutions in Europe, the Middle East and Africa, is suing the bank for age discrimination in a London employment tribunal, according to a person familiar with the lawsuit.