Deutsche Bank's co-CEOs may have handed in their resignations, but challenges remain for the new head of the company.
Just a few years ago, HSBC 's status as a banking behemoth seemed unshakable. It appeared to have navigated the global banking crisis with relative aplomb.
Jonathan Webb, head of foreign-exchange strategy at Jefferies Group, has left the firm, according to a person with direct knowledge of the matter.
Barclays said it will boost pretax profit by about $750m after resolving a long-running asset fight with the remnants of Lehman Brothers.
Bank of America has hired Jeffrey Peek, who ran commercial lender CIT Group for six years, as an executive vice chairman in the global investment bank.
Anshu Jain spent 20 years building Deutsche Bank into a global investment bank that rivalled Wall Street's giants.
HSBC, the biggest payer of the UK banking levy, will set out on Tuesday exactly how it plans to decide whether to keep its headquarters in Britain in remarks that will be closely watched by George Osborne as he prepares to deliver his Mansion House speech the following day to an audience of top bankers.
Peter Heidinger, the former Standard Chartered banker who was scheduled to join Mitsubishi UFJ Financial Group, is instead taking a senior position with Bank of Nova Scotia.
Deutsche Bank is conducting an internal probe into possible money laundering by Russian clients that may involve about $6bn of transactions over more than four years, according to people with knowledge of the situation.
Beijing-based Da Lian Zeus Entertainment Company was the top bidder in an online auction of a steak lunch with Warren Buffett.
U.K. prosecutors attacked the credibility of former Barclays trader Jonathan Mathew, who said he lied to the Federal Bureau of Investigation and three different regulators in interviews in 2010 before deciding to start telling the truth about his actions around fixing Libor.
Citigroup has appointed Grant Carson as the head of its global subsidiaries group (GSG) in Europe, the Middle East and Africa, which deals with many of the bank's biggest clients.
Bank of America has appointed Jiro Seguchi to head its brokerage and banking units in Japan from June 1, replacing Tim Latimore.