Here's all you need to know.
Accelerating cost-cutting measures.
HSBC has agreed to pay $353m to settle a long-running investigation into tax evasion by French citizens via its private bank in Switzerland, the lender said on Tuesday.
David Davis has committed to protecting talent within financial services after Brexit, as he gives his clearest indication of the government's thinking for the sector yet.
The UK's top financial regulator today warned Britons of the dangers of investing in cryptocurrency contracts for difference (CFDs).
Leaving on a jet plane.
Financial Services Superintendent Maria T. Vullo has announced that Credit Suisse agreed to pay a $135 million fine as part of a consent order with the New York State Department of Financial Services (DFS) for violations of New York banking law, including improper efforts with other global banks, front-running client orders, and additional unlawful conduct that disadvantaged customers.
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Co has announced that John Hudson and Kristin Lesher have been named the new co-heads of Investment Banking Coverage, effective immediately. Both will report to Walter Dolhare and Rob Engel, co-heads of Wells Fargo Securities.
The Bank of New York Mellon Corporation ("BNY Mellon") has announced a new organizational and leadership structure, effective January 1, 2018.
Japan’s biggest bank – and the world’s fifth largest – gave London a big vote of confidence overnight by announcing nearly 200 new investment banking jobs in the capital.
'We gave a three-year program because that is how long it takes to get anywhere'.
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From a history of the iPhone to the impact on a Wisconsin town when General Motors closed its plant there, these reads are worth your time.
A former Morgan Stanley executive’s hedge fund has soared 49% this year by sticking with well-timed bets on technology stocks and investing in some of China’s hottest private companies.
Bank of America Merrill Lynch said on Wednesday that it will increase the pay of brokers each month who grow their business in 2018 and will cut the monthly pay of those who do not, in a bid to the Wall Street brokerage’s own growth.
Bank of America CEO Brian Moynihan has been doing a Vikram Pandit - sending 'inspirational' memos to his staff.
"Markets are driven by their perception of stability," the Virtu Financial founder and onetime Trump nominee says.
Germany’s Commerzbank has become the target of a tax evasion probe in which several current and former managers are suspected of evading £35.59m in taxes via so-called dividend stripping.
British businesswoman Amanda Staveley ’s $1 billion civil lawsuit against Barclays will not go to trial before October 2019 to avoid any prejudice to a parallel criminal case, a London court ruled on Wednesday.
Raising the stakes for compensation.
Goldman Sachs is creating a Frankfurt-based holding company to prepare for Brexit, according to people with knowledge of the plan.
The founder of world’s largest hedge fund, Bridgewater Associates, hasn’t always been a legend. But from his failures, he found a formula for achievement.
The bank CEO took to Twitter while on a trip to the United Kingdom.