HSBC has given 15 of its top bankers “fixed pay allowance arrangements” worth £7.1m under a controversial new pay scheme designed to dodge tough new European Union rules on bankers’ bonuses.
A former Citadel LLC employee whose job was to research and develop high-frequency trading strategies pleaded guilty to obstructing a probe into the theft of trade secrets from the Chicago-based investment firm.
By Professor Sir Cary Cooper, Distinguished Professor of Organizational Psychology and Health, Lancaster University and Founder, Robertson Cooper.
Barclays faces costs of as much as $2bn for its alleged rigging of currency markets, lying to clients about its U.S. dark pool and mis-selling interest-rate swaps, Sanford C. Bernstein said.
Win Bischoff, chairman of Britain's accounting watchdog the Financial Reporting Council, will also become chairman of JPMorgan Chase's European arm from January, the investment bank said on Tuesday.
To gain a better understanding for the impoverished.
Pay on the up ?
JPMorgan Chase is considering moving its headquarters within New York as the company has fewer employees in the nation’s largest city, according to a person briefed on the discussions.
A Barclays trading team that’s leaving this year to start a quantitative investment firm will take 60 bank employees with them, adding to Wall Street’s migration to the $2.8 trillion hedge-fund industry.
HSBC’s board will meet on Sunday to decide whether to shift its headquarters from London, according to two people with knowledge of the decision.
The first draft of a new global code of conduct for the $5tril a day currency market seeks to define better what traders can and cannot say to one another.
Deutsche Bank’s shares rose 10% on Wednesday. Is the panic over Germany’s biggest bank over? Well, a quick bounce in the share price is a useful start but any other reaction would have been alarming given the force of the verbal counter-offensive.