The spread of business and talent out of Wall Street and into merchant trading firms will probably accelerate after the Federal Reserve’s new bid to restrict bank commodity holdings, according to one employment specialist.
A warning about the impact of the Brexit vote on financial services jobs has been issued by the head of the London Stock Exchange.
'The challenges facing the sector have not gone away'.
A French appeals court on Friday ordered former Societe Generale trader Jerome Kerviel pay €1m (£866,000) in damages to the bank following losses he made that totalled €4.9bn.
One of the top European bankers at Credit Suisse is quitting the bank to launch his own advisory firm.
Some of UBS' London staff might be feeling one of the bank's new joiners has a very familiar face.
It has moody black and white images and a poetic voiceover with a social message. The words “we are blind” accompany images of a crowd walking past a woman sitting in a doorway. Few would guess, when the images are screened in an interval of Sunday’s X Factor, that they are an advert for NatWest bank.
It isn’t easy quitting a lucrative job.
Thousands of jobs could go.
JPMorgan retained its place at the top of the global investment bank rankings in the first half of this year despite a fall in revenues, while Deutsche Bank's troubles ensured the top five were all U.S. banks, new data on Friday showed.
Vice-chairman of the Nasdaq exchange says that volatility from the U.S. elections and Brexit had impacted listings in 2016.
The Bank of England has given banks an extra two years to comply with new rules that are intended to avoid a repeat of the taxpayer bailouts needed during the financial crash.
For Wall Street’s bond traders and investment bankers, prospects for year-end bonuses are improving.