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BNP Paribas: what about Prot ?

Question Mark

The name missing from BNP Paribas's grovelling statement of "deep regret" for busting US sanctions was that of Baudouin Prot, the bank's current chairman and former long-serving chief executive.

UBS top for covered bonds

Sergio Ermotti Interview Pic

UBS is arranging more covered bonds than its competitors for the first time in at least 15 years even after the bank scaled back its fixed income business and focused on wealthy clients.

Morgan Stanley eyes pay cut

Morgan Stanley building

Morgan Stanley wants to pay out a smaller portion of wealth management revenue to the retail brokers who generate it, the final and perhaps most difficult front in Chief Executive James Gorman's drive to reduce staff costs across the bank.



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Goldman announces launch of London apprenticeship programme

Goldman Sachs has announced the launch of an apprenticeship programme in London, in partnership with Queen Mary University of London (QMUL). From Autumn 2016, a class of apprentices will join the ‘Degree Apprenticeship Programme’, a flagship scheme launched by the UK government in March 2015.