The share of jobs held by women in the C-suite is 25%, Catalyst reports. To get ahead, women need senior sponsors that can help promote their skills.
Senior HSBC executives, including the BBC Trust chair, Rona Fairhead, have been ordered to appear before MPs for a fresh hearing on the bank’s Swiss operation.
Barclays generated £593m of profits last year in Luxembourg – where much of its tax planning services were based – but employed just 30 people and paid £4m in tax.
Two American and two European firms.
Now worth $79.5bn.
Morgan Stanley leaders got performance-based stock awards Monday that have more than doubled in value since they were granted three years ago - the biggest payout yet under a bonus program adopted after the financial crisis.
JPMorgan named James C. Ferguson to run the unit that helps private-equity and hedge funds with accounting, valuation and other administrative tasks after trades.
Citigroup Chief Financial Officer John Gerspach said revenue from fixed-income and equities trading will decline by 'mid- to high-single' digits in the first quarter from a year earlier.
Bill Gross, the money manager who jumped to Janus Capital in September from the bond giant he co-founded, said he’ll keep trading for the next two to four years to prove he can still beat the market.
Despite producing an average return of 3.3 percent last year, the hedge fund industry is on track to surpass $3 trillion in assets this year, according to a new survey by Deutsche Bank.