Wall Street has changed. But perhaps not as much as you would think.
When global bond investors lost more than $400bn in one week this month, Koon Chow, a Union Bancaire Privee currency strategist, asked sales contacts at banks about the impact on foreign-exchange markets. He didn’t get much help.
Revenue from investment banking will tumble during the second quarter from a year earlier, according to a JPMorgan analysis of top firms.
Hugh 'Skip' McGee, the energy banker who rose to become Barclays' top-paid executive before he stunned Wall Street by resigning last year, is returning to his roots.
A former Bank of America executive was sentenced to two years and two months in prison on Monday after pleading guilty to participating in a scheme to defraud cities and towns by rigging bids to invest municipal bond proceeds.
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.
HSBC's sale of its Brazil business took one step closer to reality last night, after the deal was approved by Brazil's competition agency.
One of the most ambitious – and ill fated – private equity deals to take place before the 2007 credit crunch has been recounted in a London courtroom after financier Guy Hands began his £1.5bn claim for fraud from Citigroup over the takeover of EMI.
A London prosecutor urged jurors to hold five former Barclays traders on trial for manipulating Libor to the same standards of honesty as the general public, and not a separate code assigned to the banking industry.