Royal Bank of Scotland will walk into a new row over pay as it prepares to finalise the size of its bonus pool for 2013 and make payouts worth hundreds of millions of pounds to its staff.
Morgan Stanley have announced that Erskine Bowles has been appointed Lead Director of Morgan Stanley’s Board of Directors, taking over from C. Robert Kidder effective February 1, 2014.
Part of a renewed cost-cutting drive.
A man has died after falling from the European headquarters of JPMorgan in London's Canary Wharf this morning, Scotland Yard has said.
Despite the refrain that the financial crisis has discouraged students from pursuing jobs in finance, the number of elite students who continue to seek lucrative positions at financial firms indicates that Wall Street has not yet lost its luster.
JPMorgan appears to have settled a dispute with a former close confidant of its chairman, Jamie Dimon, the latest reminder that the inner circle that helped the bank weather the financial crisis is no more.
CNBC is remembering the most impactful leaders of the past 25 years - and we can't do that without acknowledging the scandalous leaders who changed the world like Milken and Madoff.
A former UBS employee must arbitrate a claim that he was terminated for disclosing to superiors that he was pressured to publish misleading research reports.
Bernard Madoff’s former computer programmers created a web of simple equations to make thousands of fake transaction numbers, dates and time stamps appear realistic on documents used to trick auditors, a jury was told in the trial of five of the con man’s former top aides.
Sad to report.
Four senior executives from the Belfast office of accountancy firm KPMG have been arrested in Belfast on alleged tax evasion charges.
An “elephant deal” that Barclays executed three years ago has cost the bank £72m in penalties, after the City regulator concluded the bank ran the risk of laundering money or financing terrorism by conducting the deal for politically sensitive people.
A Spanish renewable energy group has collapsed into insolvency protection, it said on Wednesday, just months after US investment bank Citi led a €100m (£70m) share sale to raise funds for the group.