HSBC, one of the largest hedge fund investors in the world, has recently lost four senior people in the private banking unit that is responsible for picking the best money managers for their wealthy clients.
Germany is home to Europe's best-paid bank CEO, according to a ranking that shows little correlation between executive pay and shareholder returns.
Nomura Asset Management U.K has appointed Richard Hodges and Ben Bugg to extend its presence in the global fixed income space.
About 80 families of US soldiers killed in Iraq together with several surviving military veterans who were wounded in roadside bombings are suing five European banks for damages on grounds that they allegedly siphoned money to Iran that was then used to finance the attacks.
Some really are pushing the envelope.
A 'Special Performance Award' comes on top of bonus and salary policies already in place.
'If my younger self had met me today, I would have punched myself in the face'.
A few corners of Wall Street are expecting big bonuses, but for most of the industry it is likely to be a disappointing year.
Wall Street recruiters aim to hire military veterans in a bid to help them adapt to civilian life.
Janus Capital Group saw more than $1bn of estimated net deposits into two bond mutual funds in October after hiring star bond manager Bill Gross.
Ever since Bernie Madoff’s Ponzi scheme collapsed in 2008, it’s been much-rumored that investors included tax dodgers shielding money from the IRS, drug dealers who laundered proceeds through the con man and wealthy moguls hiding assets from ex-spouses.
The new chairman of Alliance Trust has pledged to get women on to its all-male board after a turbulent year for the Dundee investment firm, which reported a fall in 2015 profits.