Deutsche Bank has put both its co-heads of corporate finance in Asia on leave, people familiar with the matter said.
The bosses of large banks should be paid no more than people at the top of the civil service, David Cameron's former director of strategy has said.
A global shift to more insecure jobs since the financial crisis is fuelling growing inequality and higher rates of poverty, according to a new report that estimates only a quarter of the world’s workers are on permanent contracts.
Eighth grader holds CEO to account.
Wives living in New York's prestigious Upper East Side are given performance-related bonuses at the end of each year by their investment banker husbands, it has been claimed.
There’s good news for Europe’s bond traders: at least one corner of the market is still hiring.
The New York Federal Reserve’s lead supervisor of Goldman Sachs has quit for a job advising other financial firms, triggering concerns within the Wall Street bank that some of its business secrets might not stay so secret.
Morgan Stanley named John Esposito as global co-head of the financial institutions banking group to succeed Jonathan Pruzan, who was named chief financial officer in March.
The City watchdog is expected to hand out its biggest-ever fine to Barclays on Wednesday as the British bank becomes the last major financial institution to settle foreign exchange rigging allegations in the UK.
The latest “Bank on Your People” survey, investigating the state of employee wellbeing in the financial sector has just been released and the findings are very interesting.
David Hunt, chief executive officer of Prudential Financial’s $1tril asset manager, said the search for 10% returns can be dangerous for investors.
HSBC Private Bank is appealing a $78m fine imposed by Hong Kong’s securities regulator in connection with its sales of structured products including Lehman Brothers -related notes between 2003 and 2008.
Credit Suisse will take another around $100m writedown as part of the sale of assets in its distressed credit portfolio to U.S. investment firm TPG's TSSP, with most of the charge reflected in the bank's first-quarter results.