UK financial services employees feel underpaid and undervalued, despite the industry’s return to growth.
Rigging the foreign exchange, bond and commodity markets could become a criminal offence, the government will warn the City on Thursday as part of its latest effort to clean up the financial markets after a wave of scandals and allegations relating to key benchmarks.
HITC has been polling employees at commercial and investment banks, asset management and private equity firms and hedge funds globally for the past decade to determine who they think is the best firm to work for.
James Tomilson Hill, the Blackstone Group vice chairman who runs the company’s $58bn hedge-fund business, has emerged as a billionaire as the world’s largest private-equity firm and his art collection have surged in value.
Morgan Stanley and Banco Santander are hiring executives from the U.K. markets regulator for their London operations, as banks look to the watchdog for staff to see them through - and keep them clear of - probes.
Pimco is still hawking its "new neutral" expectations for interest rates to stay lower for longer, but some analysts are starting to express doubt.
Bad weather in the U.S., the crisis in Ukraine, rebalancing in China and the anticipated rise in interest rates will hit global growth this year, according to the World Bank, which has urged countries to continue urgent reforms.
Perhaps the most amazing thing about the O.J. Simpson case is that everyone in Los Angeles had a connection to it.
Convicted insider trader Mathew Martoma has been given almost seven more weeks to ponder his fate.
Deutsche Bank hired Marc Benton to replace Michael Hafner as head of its European energy investment banking business.
European M&A activity totals $92.0 billion, up 4% compared to YTD 2015
A steady week for markets will not quash the volatility seen this year, Mohamed El-Erian said Friday.
The first inkling I had that I was going to lose my job was when my boss at UBS in New York suggested we go off the desk for a coffee.