HSBC may slow the pace of hiring in China’s Pearl River Delta amid a market rout and cooling growth in the world’s second-largest economy, Chief Executive Officer Stuart Gulliver said.
Nikkei's purchase of the Financial Times helped Japanese acquisitions in the UK reach $9.5bn (£6.6bn) last year, according to new analysis from Deloitte.
The sell-off in risk assets across the globe will only abate if the U.S. Federal Reserve changes its path, according to strategists at Deutsche Bank.
Banking experts have questioned Sir John Vickers’s claims that the Bank of England is not doing enough to shore up the British banking industry, saying more capital requirements for lenders would hurt the real economy.
London is on its way to becoming a city of renters, ending a century-long trend towards homeownership, new research reveals this morning.
UBS has begun scoring employees specifically on their behaviour, meaning year-end bonuses could be affected by whether they act ethically or are team players, two sources familiar with the policy said on Monday.
Banks are now hiring staff to listen in on traders' conversations, after banter was found to flummox sophisticated surveillance technology, according to a new report on market abuse.
John Paulson is in the final stages of readying a new fund to take advantage of the next big distressed debt play, sources tell CNBC.
Goldman Sachs has banned its high-ranking employees from contributing money to certain campaigns including that of Donald Trump.
UBS’s head of energy investment banking for Europe, the Middle East and Africa, Michael Hafner, has left the bank, according to a person familiar with the matter.
A UBS unit was found by a federal judge to have violated some contracts with mortgage-backed securities trusts that hold loans, putting it at risk of having to buy back more loans or pay damages in a $2bn lawsuit.