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
The U.K. takes its fight against European Union banker-bonus limits to the bloc’s highest court next week, seeking to overturn a ban on awards of more than twice fixed pay.
Jerome Kerviel, the former Societe Generale trader convicted of fraudulent transactions that led to a record loss at the bank, is getting out of jail early.
Deutsche Bank employees alleged to have evaded tax when buying and selling carbon emission certificates had concerns over whether their trading activity was legal but carried on anyway to maximize profits, a Frankfurt court heard on Monday.
Stress is a natural part of living and we all experience it at some point or another, whether this is brought on by the mental or emotional pressures, particularly at work, relationships, finances, or family life.
HSBC may slow the pace of hiring in China’s Pearl River Delta amid a market rout and cooling growth in the world’s second-largest economy, Chief Executive Officer Stuart Gulliver said.