Bailed-out Lloyds Banking Group and Barclays have handed their bosses almost £1m in shares to sidestep the new rules from Brussels which are intended to clampdown on bankers' pay.
For Singaporeans, news that they live in the world's most expensive city is not a surprise but how pricey Singapore is remains the subject of debate.
An private banker who stole nearly £600,000 from wealthy clients to fund his gambling habit has been jailed for two years.
Remaining anonymous as he posted on Twitter under the handle @GSElevator was simply a 'device', John Lefevre said on Tuesday, that allowed him to paint a broader picture of life on Wall Street.
London has held on to its crown as the favourite city of the global elite, but has New York and Asian cities snapping at its heels.
Economics Ph.D. student Fabrice Tourre, a former Goldman Sachs trader found liable for fraud, will no longer be teaching undergraduate economics this spring.
I’ll never forget the somewhat reproachful words of Her Majesty the Queen when she visited the London Stock Exchange after the financial crisis of 2008: 'Did no-one see this coming ?'
A portfolio manager at Man Group has decamped to Neuberger Berman to help expand the asset manager's growing lineup of alternative mutual funds.
Look for 100 percent increase in shares of financial institutions across the board, banking analyst Dick Bove said.
Kenneth Moelis is set to harvest the rewards of setting up his own business as his merger advisory firm heads toward an initial public offering.
Britain’s richest households have pulled further ahead of the rest of the population as house prices have accelerated, with the top 10% now owning almost half of the country’s £11.1tn total private wealth.
Brazil’s Supreme Court released André Esteves, former chief executive of the Brazilian investment bank BTG Pactual, from jail on Thursday, but the fallen banking star is far from a free man.
Tidjane Thiam has famously described Asia as a pie that’s growing faster than you can eat it. But grabbing a bigger slice is costly and carries risks, raising doubts the head of Credit Suisse will meet ambitious goals for the region.