Royal Bank of Scotland is scrapping bonuses for 20,000 staff in an attempt to avoid future mis-selling scandals.
Students from Stanford University's Graduate School of Business are making the most money in 2015, landing a record-breaking pay package of $160,287.
Commerzbank is considering external and internal candidates to replace Martin Blessing when he steps down as CEO next year, according to people with knowledge of the matter.
Barclays’ reputation took another battering on Wednesday when a US regulator imposed a $150m fine on the bank for the way it treated its foreign exchange customers.
People want to believe they have good instincts, but when it comes to hiring, they can't best a computer.
Would you pass ?
Accelerating delivery of the strategy.
Former Citigroup currency trader Perry Stimpson won his lawsuit against the bank over claims he was unfairly fired during an investigation into allegations of market rigging.
Credit Suisse has appointed its investment-banking chief in the Asia-Pacific region, Vikram Malhotra, to run a newly created unit serving ultra-rich entrepreneurs.
J.P. Morgan on Tuesday appointed Rossano Nonino as Chief Investment Officer for real estate in Brazil, the office for which is based in Sao Paulo.
Britain's competition watchdog Competition and Markets Authority (CMA) has accepted in principle merger undertakings between Tullett Prebon and ICAP.
Standard Chartered's share price has jumped even as it reported a 46 per cent fall in profits and said it was not yet ready to reinstate interim an interim dividend.