HSBC Chairman Douglas Flint had some advice for bank executives meeting in London last week: Read up on how the U.S. uses financial warfare against its enemies in a foreign-policy shift that’s entangling firms.
Most of the stereotypes associated with the world's ultra-high-net-worth (UNHW) population are just plain wrong, says research house Wealth X Institute.
BNP Paribas Co-Chief Operating Officer Georges Chodron de Courcel became the first senior executive to step down as U.S. regulators seek to fine the French bank as much as $10bn for sanctions-breaking.
Rajat Gupta, the former Goldman Sachs director found guilty of insider trading, must report to prison next week after a U.S. Supreme Court justice rejected a last-ditch request.
UK financial services employees feel underpaid and undervalued, despite the industry’s return to growth.
Rigging the foreign exchange, bond and commodity markets could become a criminal offence, the government will warn the City on Thursday as part of its latest effort to clean up the financial markets after a wave of scandals and allegations relating to key benchmarks.
HITC has been polling employees at commercial and investment banks, asset management and private equity firms and hedge funds globally for the past decade to determine who they think is the best firm to work for.
Rolls-Royce has lost jet engine orders worth £2.6bn after Emirates airline cancelled a planned purchase of 70 A350 aircraft from Airbus.
International companies remain blasé about the threat of cyberattacks, despite a number of high-profile and costly breaches, according to a major survey out on Wednesday.
James Tomilson Hill, the Blackstone Group vice chairman who runs the company’s $58bn hedge-fund business, has emerged as a billionaire as the world’s largest private-equity firm and his art collection have surged in value.
All are said to be true stories.
Three bankers have left Goldman Sachs after the U.S. firm determined they breached internal guidelines in connection with the bank’s advisory role on the planned acquisition of a consumer company in the Middle East, according to people with knowledge of the matter.
Morgan Stanley has named Ben Huneke head of investment solutions on Thursday, a day after announcing the departure of Raj Dhanda.