Morgan Stanley almost doubled Chief Executive Officer James Gorman’s pay to $18m, the most in his four years leading the firm.
Hong Kong’s anti-corruption agency searched a JPMorgan office in the city March 26 amid a U.S. investigation into the bank’s hiring practices, according to two people with knowledge of the matter.
The Libyan Investment Authority has accused Societe Generale of funnelling bribes worth tens of millions of dollars to associates of Saif al-Islam, the son of former Libyan leader Muammar Gaddafi, the Financial Times reported late Sunday.
MF Global is suing PricewaterhouseCoopers for at least $2bn, alleging PwC’s accounting advice helped cause MF’s 2011 collapse.
Have you heard the one about the American and the Dutchman ?
Asia-focused bank Standard Chartered paid 118 of its bankers at least $1.4m last year, topped by a $9.5m payout to Mike Rees, head of its wholesale or investment banking division.
The Swiss Competition Commission said it’s investigating UBS and other banks as the probe into the alleged manipulation of foreign-exchange rates deepens.
Royal Bank of Scotland is in advanced talks to poach one of the investment bankers who advised on the bank's bailout strategy as its new chief financial officer.
Three former employees at money broker Icap are to face criminal charges brought by the Serious Fraud Office in relation to allegations that they were part of a conspiracy to fix Libor interest rates.
It is wrong to describe a recent corporate debt default in China as a 'Lehman' or 'Bear Stearns' moment, BlackRock's Asia Pacific chairman told CNBC.
A fired Morgan Stanley financial adviser who downloaded client information to a home server to give his job search a boost was sentenced to three years’ probation for accessing the bank’s computer network without permission.
Not an urban myth, it seems.
Opposition politicians and tax campaigners have expressed outrage after it emerged that some of the biggest and most profitable investment banks in the City of London paid little or no corporation tax last year.