Paul Tudor Jones celebrated his 60th birthday in Greenwich, Connecticut, in the same style of the fundraisers for his charities, with star musicians in live concert.
Royal Bank of Scotland's US arm, Citizens, could be valued at more than $14bn (£8.5bn), the bailed-out bank has indicated, as it pushed the button on the sale of the business.
Banks seeking to circumvent the EU's cap on bonuses for top staff could face further action from European regulators, a senior official has warned.
The largest ever number of the City's fiercest competitors took to the streets of the capital on Thursday night for the Bloomberg Square Mile Relay - the ultimate corporate relay running race - officially started this year by Olympic legend Michael Johnson.
As hackers pierced JPMorgan's defenses in June, the bank’s cybersecurity chief was just getting acquainted with his employer and its sprawling technology infrastructure.
The Treasury is to clash with the European Union in a last-ditch effort to overturn a draconian cap on bankers’ bonuses, arguing in Europe’s top court that rules limiting rewards are an unjustified intrusion.
The investment company Atlas Mara Co-Nvest, backed by Bob Diamond, the former Barclays chief executive, said on Friday that it had increased its stake in Union Bank of Nigeria in its latest bet on the African financial sector.
Chinese e-commerce giant Alibaba on Friday filled to sell up to $24.3 billion in stock, making it the biggest U.S. initial public offering ever.
Investment bankers don't have a problem with the record $2 billion Steve Ballmer paid for the Los Angeles Clippers, but they also say it's not the new normal for sports team valuations.
Job offers pulled and start dates delayed as banks toughen background checks
Nikkei's purchase of the Financial Times helped Japanese acquisitions in the UK reach $9.5bn (£6.6bn) last year, according to new analysis from Deloitte.
The sell-off in risk assets across the globe will only abate if the U.S. Federal Reserve changes its path, according to strategists at Deutsche Bank.