The former boss of Tom Hayes asked a colleague at his employer UBS to ensure the bank kept Libor interest rates high in 2007, Southwark Crown Court in London heard. Hayes is on trial on charges of manipulating Libor rates.
Deutsche Bank will struggle to revive returns because banking in Germany is structurally unprofitable and the firm has few options, according to Philippe Bodereau, a portfolio manager at Pacific Investment Management Co.
JPMorgan promoted Kurt Simon to global chairman of mergers and acquisitions and is reorganizing its technology, media and telecommunications team.
Standard Chartered has promised its new boss Bill Winters up to £6.5m in shares to cover any losses he may incur in quitting the hedge fund he was previously running.
'We are spending a lot of time on improving the conduct of our employees'.
As anyone who has worked in the banking industry will tell you, the banking sector is a complicated industry, made up of a vast cross section of society.
Jay Li calls his secret weapon the 'Bane' mask.
Bond guru Bill Gross has benefited from U.S. monetary policy for the last 30 years and is unaware that the environment that made him successful has radically changed, a fund manager told CNBC on Thursday.
Deutsche Bank has named Andrew Tusa as co-head and Neil Collingridge as vice chairman of UK corporate broking.
The GS Elevator twitter account now has cult status - and over 740,000 followers. Here's some of their near-to-the-mark tweets (they are safe for work):
The bigger the bank? The better your pay! At least, as long as you're CEO of a major Wall Street bank since 2009.
US bankers could lose their bonuses up to seven years after receiving the payments if they misbehave or make big losses, under new rules proposed by six major regulators.