Jerome Kerviel’s quixotic quest for redemption has won him at least one convert.
DBS Group Holdings has agreed to buy Societe Generale’s Asian private banking business to bolster market share in a region where millionaires’ wealth may top North America this year.
Pay for bankers and top executives has become "a bit of a Ponzi scheme" and most of them would do the work for half the money, Ed Balls, the shadow chancellor, has said.
The scale of Britain's growing inequality is revealed today by a report from a leading charity showing that the country's five richest families now own more wealth than the poorest 20% of the population.
MtGox continued trading for at least two weeks despite knowing that it did not hold enough bitcoins to return every customer their money, according to a deposition from the CEO of the embattled bitcoin exchange.
Youth, talent and drive trumps experience.
Young son made the tragic decision to take his own life.
U.S. bankers who vowed last year to boost profit by shrinking expenses are finding costs don’t always stay cut.
UBS raised total compensation for CEO Sergio Ermotti by 21% to $12.3m after the bank returned to profit last year.
Man Group's CEO Emmanuel Roman’s pay more than tripled last year to $3.4m after the hedge-fund company’s earnings rose and its share price increased for the first time since 2009.
Standard Chartered has appointed Simon Cooper, 48, as CEO, Corporate and Institutional Banking (CIB). Simon will join the Group in April 2016. This appointment is subject to final regulatory approval.
Citi's Board of Directors has announced that it has elected Renee James and Ellen Costello as new independent directors, with service commencing January 15, 2016.
The decision to raise US interest rates for the first time in seven years could have negative effects on established startup businesses, investors have said, marking the start a new era of more cautious investment.