Nomura has put three of its mortgage-bond traders on leave, according to a person with knowledge of the decision.
The under-fire CEO of Standard Chartered has committed to staying at the bank through a round of job losses and branch closures intended to improve profits.
What is it about internet chat rooms that causes Wall Street traders to incriminate themselves?
Did that triple, venti, soy, no foam latte, you drank on the way in really help you get through all those emails this morning ?
It's bonus season! Turney Duff breaks down the anatomy of a $1 million bonus - and how to spend it.
Goldman Sachs today announced that it has invited 78 individuals to become Partners of the firm. Here's the list:
Morgan Stanley CEO James Gorman said the firm is paying staff 'competitively' after managers turned the business around over the past five years.
Goldman Sachs new class of 78 so-called partners spotlights the shrinking role of trading, the growth of other businesses and one area where progress is slow: the addition of women to its highest ranks.
UBS has been ordered to cap bonuses for foreign-exchange and precious-metals bankers as Switzerland’s regulator probes 11 of the bank’s current and former employees as part of its inquiry into currency rigging.
As the cost for rigging currency markets keeps rising, British banks can take cold comfort the costs are dwarfed by wrongfully sold insurance.
The banking sector already has a pretty bad reputation when it comes to diversity among the genders - but things are about to get worse, after new research suggested some female bankers can expect a bonus less than half the size of their male counterparts.
If you’re planning to give up your university summer break, you may want to make sure you’re being adequately reimbursed – especially if you’re working long hours in one of London’s biggest banks.
Last month banks provided City regulators with individual statements of responsibility for every one of their senior managers, detailing their personal accountabilities.