Jamie Dimon, who survived a shareholder proposal in 2013 to split his chairman and CEO roles atop JPMorgan, won’t face the same threat this year.
A former hedge fund analyst has been charged with stealing confidential computer data from his previous employer, the latest crackdown by the Manhattan district attorney on suspected violations of cybersecurity.
A busy week.
Citigroup boosted CEO Michael Corbat’s compensation 25% to about $14.4m for 2013, his first full year running the company.
Shigeru Echigo, a Deutsche Bank salesman in Tokyo who was charged with bribery for spending too much on entertaining clients, has left the firm.
JPMorgan revised its gauge of market gains and losses to incorporate new regulatory requirements, resulting in a jump in the frequency of losses last year.
An introduction from a friend, meeting up for a coffee, exchanges of text messages. An introduction from a friend, meeting up for a coffee, exchanges of text messages. said it had done "nothing wrong" but that a Wall Street Journal article "may have caused some misperceptions, and that was of deep concern to us."
"You're not just thinking what are you going to do, but what is the other guy going to do," one banker says of curling
Goldman Sachs President Gary Cohn said that he would watch closely what world finance ministers say about regulation when they meet this weekend.
Are big bank leaders like Jamie Dimon the most influential on Wall Street-or activist investors like Carl Icahn?
London based HSBC has had its expansion plans throughout Asia dashed by slowing economic growth in China and increased market volatility throughout the region, according to Moody's Investors Service.
The Banking Standards Board, established to bolster the reputation of the industry, has yet to issue any standards nine months after formally being created.
Britain's security service has been named the most lesbian, gay, bi and trans (LBGT)-friendly employer in the country, according to a charity.