Banks handing staff “allowances” to circumvent Brussels’ bonus cap face close scrutiny of their pay deals as a result of new guidelines being drawn up by Europe’s top banking regulator.
Bill Gross learnt his nous for numbers counting cards at the blackjack tables of Las Vegas.
A new investigation of industry assets by Absolute Return reveals that, once again, the largest funds are controlling more assets than ever.
Apparently commuting by public transport makes you happier. It must be the fresh air and fascinating aromas that help Lauren to unwind
Some of the world's leading banks are slated for a £2 billion fine from U.K. regulators, following investigations into currency rigging.
Riot police advanced on tens of thousands of protesters in Hong Kong's Admiralty district on Sunday, and the stand-off continued Monday morning, in the territory's worst incident of unrest in decades.
Bill Gross, the world renowned investor known as the ‘bond king’, has dramatically quit the $2tn investment firm he set up more than 40 years ago due to “fundamental differences” with the company.
'I don't shock easily, but I was surely shocked'.
If Bill Gross still can be called "the bond king," then there's at least a significant amount of tarnish on the crown.
The sudden exit of Bill Gross from Pimco sparked a knee-jerk selloff in the Treasury market, a drop in Pimco closed-end funds and rallies in competitors' shares as traders gamed whether the world's largest bond house would see an exodus of investors and a repositioning in its funds.
Hedge fund Citadel is trimming its staff following the firm's year-to-date losses, according to Dow Jones.
Citigroup raised Chief Executive Michael Corbat's pay by an estimated 27 percent in 2015, a year in which the bank's profit more than doubled.
UBS Group has hired Daniel Bassan from Credit Suisse as a Managing Director in Sao Paulo as part of a restructuring of its Latin America business, two people with direct knowledge of the matter said.