China is planning a “circuit breaker” mechanism to prevent any further losses on its volatile stock markets.
More than 2,000 City financiers took home more than £730,000 (€1m) in 2013, according to the EU banking regulator. One was handed more than £13m.
Not everything you need to know to climb the corporate ladder is taught in the classroom. Here are four tips on how you can get ahead at work.
John Gallo, a former senior salesman at Citigroup before leaving in March, is joining Deutsche Bank as head of fixed-income sales for the Americas.
Entertainment banker Lisbeth Barron is going it alone.
Massachusetts’ chief securities regulator is investigating a technology failure that caused delays in the pricing of mutual funds and exchange-traded funds for several days last month.
Nomura and Royal Bank of Scotland have agreed to pay up to $33m on top of $806m that a U.S. judge ordered them to pay for making false statements in selling mortgage-backed securities.
Credit Suisse was ordered by a Texas judge to pay Highland Capital Management $287.5m for losses on a $540m refinancing of a shaky real estate development.
The China head of hedge fund manager Man Group said on Monday that she had not been taken into custody by Chinese authorities, denying media reports that said she had been assisting a police investigation into market volatility.
Deutsche Bank is looking to grow its wealth management business in the Asia-Pacific region, hiring staff as it tries to attract a new category of clients with assets of less than $20m.
Barclays said it’s letting staff in the U.S. take more time off after having a baby, following a trend on Wall Street to try and make it easier for bankers to “successfully integrate” their professional and personal lives.
The idea that Barclays executives weren’t aware of Libor-rigging is like being on a “nudist beach” and failing to realise people are naked, a lawyer for a former trader on trial for benchmark manipulation told jurors.