Morgan Stanley’s chief executive, James Gorman, is receiving a $4.4 million stock bonus for 2014 in addition to his $1.5 million salary.
The former boss of failed hedge fund Weavering, the collapse of which cost investors $536 million (356.91 million pounds), was sent to jail for 13 years on Friday, one of the longest for fraud in Britain.
Bernard Madoff is insisting he acted alone in his epic fraud, according to new emails from the convicted Ponzi scammer.
NYSE President Tom Farley tells CNBC there's no truth to reports about a sale of the exchange or closing down the trading floor.
Jack Ma, Alibaba's founder, said one of the reasons his company is so successful is he hires a lot of women. Plus, Ma on Hollywood ambitions.
Goldman Sachs awarded CEO Lloyd C. Blankfein $24 million in salary and cash and stock bonuses for 2014, according to a person familiar with the matter.
JPMorgan Chase CEO and Chairman Jamie Dimon got his first cash bonus in three years as the board kept his total pay unchanged at $20 million.
UBS said on Friday it did not suffer any overall losses in its trading business after the Swiss National Bank's (SNB) decision last week to abandon its three-year-old cap on the franc.
Private equity firms, which three years ago became subject to oversight by the U.S. Securities and Exchange Commission, have fixed some of their worst deficiencies although their transparency could still improve, an SEC official said.
Someone would have got it in the neck over this!
'Accelerating some of the cost measures that we have planned'.
Bank of America equities chief Fabrizio Gallo is shaking up leadership across his division, promoting Glenn Koh to run its trading operations globally, as at least a half-dozen other deputies take on new roles or leave.
Credit Suisse’s surprise loss on illiquid trading positions, announced last month, may force the company to sell a larger stake in a unit than previously planned, according to Morgan Stanley.