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.
German prosecutors are seeking charges against Deutsche Bank co-CEO Juergen Fitschen and several former executives at the bank in connection with the long-running Kirch bankruptcy case, legal sources said on Tuesday.
The finger-pointing over who was responsible for the collapse of Lehman Brothers continues nearly six years after the firm filed for bankruptcy at the height of the financial crisis.
Yes - it's time for a woman to be chairman of Barclays. And simply because she is a woman, it would make things at the bank better.
Standard Chartered will soon begin sifting through a mountain of data for signs of possible money laundering or other criminal activity, as a result of faults in the software critical to its anti-money laundering compliance programme, two sources with knowledge of the matter said.
JPMorgan Chase, which last year said its private-equity unit would become independent, agreed to sell half of its $4.5bn in buyout holdings to Carlyle Group LP’s AlpInvest Partners BV and Lexington Partners.
Royal Bank of Scotland is considering selling the international arm of its Coutts private bank as it shifts its focus to wealthy clients in the U.K.
The sudden death of popular Hollywood actor Robin Williams has stunned the world and triggered an outpouring of grief and tributes on social media. Here are some tweets in his memory.
Rich Ricci, the former head of investment banking at Barclays and one of ex-Chief Executive Officer Robert Diamond’s top lieutenants, has joined a London-based foreign exchange trading platform as chairman.
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.