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.
Under new CEO Michael Corbat, the face value of Citigroup’s derivatives has increased 17%, to $64.8tril.
Even JPMorgan, a Wall Street winner since the financial crisis and now the world’s biggest investment bank, is considering shrinking some trading businesses because new rules make them less profitable.
Bank of America cut Chief Executive Officer Brian T. Moynihan’s pay 7.1% for last year to $13m after profit dropped by more than half.
The Bank of Portugal has stuck to a decision to keep a loan linked to Goldman Sachs in a 'bad bank' carved out after the rescue of Banco Espirito Santo (BES), putting the central bank and Goldman on course for a legal battle.
BNY Mellon has said it included an additional after-tax legal expense of $598m to its reported fourth-quarter results, anticipating resolution of foreign exchange-related actions and other matters.
The Swiss government said on Wednesday it would lay out tougher capital requirements for UBS and Credit Suisse by the year-end, in order to protect them against future crises.
Andrew Bailey, the incoming head of the Financial Conduct Authority, said improving the culture of City firms is a priority and that “hubris” needs to be added to the list of risks firms face.
Banker-bashing: it's one of the UK's favourite hobbies. But now the soon-to-be boss of the Financial Conduct Authority (FCA), Andrew Bailey, has said it's time to start using the carrot, rather than the stick.
Goldman Sachs was named as a defendant in an antitrust case alleging the firm was part of a conspiracy to discourage trading on the plaintiffs’ platform for exchanging swaps tied to interest rates.