How do you make big banks safer ? Here's an idea: Pay executives in long-term bonds.
You won't believe what these tech companies give employees.
Five years after the economic crisis, banks have a huge problem that could start extracting a significant toll on their bottom lines.
Hewlett-Packard's plans to cut up to 16,000 workers is a way of reducing inefficiencies that stem from years-old mergers and acquisitions, making the software giant "more efficient and effective," CEO Meg Whitman told CNBC on Friday.
UBS hired Severin Brizay from JPMorgan to oversee its mergers and acquisitions team in Europe, the Middle East and Africa as the bank overhauls management of the business.
Barclays has been fined £26m and one of its former traders banned from working in the City for mistakes relating to the way that the gold price is fixed in London.
Options traders see $5bn of fines as little more than a bump in the road for shares of BNP Paribas.
Deutsche Bank defended plans to raise $10.92bn in equity on Thursday, as its top executives faced investors at the lender's annual shareholders' meeting less than a week after announcing the surprise plan.
Global DCM activity totals $2.5 trillion, down 6% compared to YTD 2013
Credit Suisse sold $5bn of bonds, the first benchmark offering since its bank unit pleaded guilty to helping Americans cheat on their taxes.
Conceived as an emergency exit strategy and incubated under intense pressure, Steve Cohen's second corporate incarnation has developed into a childhood prodigy.
HSBC is likely to stay based in London rather than move its headquarters to Asia, according to Martin Gilbert, chief executive officer of one of the bank’s biggest shareholders.
Deutsche Bank has snapped up an office development in Stratford that will house the new Financial Conduct Authority (FCA) headquarters, in a £370m deal.