Fintech must get its own sector deal in order for the UK to remain a world leading centre after Brexit, City leaders have signalled.
The search is over.
JPMorgan Chase reports earnings well above Wall Street estimates, but bond trading revenue sank in the third quarter.
Goldman Sachs is betting it can get its money-making mojo back by pitching creative deals to big, complex clients, marking a return to its investment banking roots as trading revenue slows.
Citigroup reported better-than-expected quarterly results on Thursday.
Former HSBC currency trader Mark Johnson took the witness stand on Wednesday, insisting that he cheated no one in a $3.5 billion foreign-exchange transaction.
UBS will hire fewer trainees in 2018 but spend two to three times more on teaching them to be financial advisers, a senior executive said, in the latest sign of industry efforts to satisfy wealthier clients and grapple with an aging workforce.
Bank of America has signed a lease for office space in Paris, formalizing plans to move its European trading hub to the French capital after Brexit, people familiar with the decision said.
The world's largest asset manager, New York-based BlackRock, announced it was approaching $6 trillion ($4.54 trillion) in assets under management today as it revealed net inflows in the third quarter hit a massive $96bn.
Jupiter boasted strong net inflows of £1.3bn in a third-quarter trading update today, defying the affirmed switch towards passive funds.
After struggling through most of 2017, bank stocks are ready to break out, according to a Credit Suisse analysis.
Buying frenzy, alleged tip off and a code word.
Mindfulness may seem a million miles away from the fast-paced, always-on Square Mile, but more and more organisations are finding it’s just what their employees need to cope.
Goldman Sachs employees ate well on Thursday last week.
Indonesia will investigate whether citizens linked to the transfer of $1.4 billion of Standard Chartered private bank client assets complied with tax amnesty requirements.
While most London-based bankers are brushing up on their German to prepare for a move to Frankfurt post-Brexit, senior staff at French investment banks expect to say “Oui” to government pressure to bring jobs home to Paris.
Deutsche Bank CEO John Cryan hasn’t yet met with one of the bank’s top investors but plans to do so, a spokeswoman said Sunday.
Credit Agricole’s chief, Philippe Brassac, has expressed interest in Commerzbank if the German bank were to be up for sale, according to an interview with the Handelsblatt newspaper.
Warren Buffett has strong feelings about his legacy and credits his success to three people.
Suited up in a white sweat-wicking jersey and compression shorts, Chris Marino steered into a rest stop near mile 44 of the trading industry’s annual fall bike ride for autism research. Colleagues and friends in matching apparel pulled up alongside him Saturday, some grousing about the punishing hills on the 62-mile course.
The world's largest sovereign wealth fund has warned the Financial Conduct Authority (FCA) about its proposed changes to its share listing rules, which would accommodate state-backed firms like the Saudi Aramco mega-float.
Former HSBC trader Mark Johnson adamantly denied he “ramped” a $3.5 billion foreign-currency order against a client, insisting he “wasn’t aware” that traders he supervised had already begun purchasing pounds at least 90 minutes before the 2011 transaction.
Shareholders in Lloyds Banking Group were “mugged” by the bank and five of its former directors during the takeover of HBOS in 2008, the high court was told on Wednesday.