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Henderson staff do well

Pot Of Gold

The asset management firm Henderson has paid its staff £143.6m [$210.6m] in bonuses for last year, increasing variable pay by more than 11% as fund inflows and profits improved.

Citi to quit Argentina custody business

Citi Building Sign

Citibank said it will quit the custody business in Argentina after a U.S. judge refused to let the bank process local bond payments just weeks before a March 31 deadline for the nation to pay bondholders.



James Gorman Pic

Morgan Stanley earnings top expectations, profit halved

Morgan Stanley on Monday reported quarterly earnings that topped analysts' expectations, but profit more than halved as the Wall Street bank's trading and investment banking businesses took a hit from market volatility early in the year.