A U.S. probe into how Morgan Stanley client information ended up for sale on the Internet is examining whether a financial adviser was targeted by hackers after he took data from the bank, two people briefed on the inquiry said.
Lloyds and Royal Bank of Scotland are set to impose a cap on cash bonuses for the sixth consecutive year, in line with previous agreements made with the Government body that holds the taxpayer’s shares in the banks.
The U.S. government has urged a federal appeals court not to throw out a former Jefferies Group Managing Director's conviction for defrauding mortgage bond investors after the financial crisis, which the court had warned it might do.
No corner of Wall Street is truly important until Hollywood actors play its heroes and villains. Corporate raiders have 'Wall Street', mortgage-backed securities sparked 'Margin Call', commodities dominate 'Trading Places' and stock brokers star in 'The Wolf of Wall Street'.
Citigroup, the third largest US financial institution, on Wednesday said it will invest a whopping $100bn over the next decade to reduce the impacts of climate change. The bank said it will use the money the finance green initiatives and sustainable growth.
A lesson from one of the greatest business leaders of the past 100 years.
Who are the top firms with the youngest Managing Directors ?
Sad to report.
What are the key moves women should make in 2015 to advance their careers ? Moving outside their comfort zone ranks at the top of the list, according to a new poll.
Credit Suisse and Deutsche Bank are reviewing junior bankers’ pay in the latest move by investment banks to boost salaries following public and regulatory pressure to reduce lavish bonuses.
French tax police searched Societe Generale's headquarters this week as part of an investigation into offshore accounts revealed by the Panama Papers, the bank said on Sunday.
Banks and asset managers are poised to win an exemption in rules for trading derivatives from European lawmakers, who already said they would give them a one-year delay of new financial regulations.
Wells Fargo admitted to deceiving the U.S. government into insuring thousands of risky mortgages, as it formally reached a record $1.2bn settlement of a U.S. Department of Justice lawsuit.