A City report will recommend exposing the gap between a company’s boardroom pay and that of the wider workforce as part of a package of measures to reform executive salaries.
Standard and Poor's (S&P), one of the world's top credit ratings agencies, has branded the current European Union "unsustainable" as it outlined the urgent need for reform.
The Financial Conduct Authority (FCA) should be stripped of its powers to fine and ban individuals for wrongdoing, according to a report by MPs that calls on new chancellor Philip Hammond to commission an independent review into whether an alternative investigatory body should be set up.
Julius Baer has become the latest in a string of companies which has reported bumping up its bottom line on Brexit uncertainty, as it issued its half year results Monday.
'I don’t think....current cost-cutting plans are sufficient to generate normalized returns in the time periods they’re targeting'.
Goldman Sachs , one of the world's biggest investment banks, gave credibility to a deal dubbed the "unacceptable face of capitalism" by U.K. lawmakers and "underplayed" their role in negotiations, according to a critical report by MPs.
Mizuho Financial Group is hiring for bond underwriting on Wall Street, emboldened by winning a bigger slice in managing deals since adding bankers from Royal Bank of Scotland in 2015.
Deutsche Bank’s John Cryan will try to convince investors this week that his efforts to turn around Europe’s biggest securities firm will succeed. It’s a narrative that’s becoming harder to sell.
JPMorgan and a U.S. Bancorp unit failed to stop executives at now-defunct Peregrine Financial Group from stealing their funds on deposit, according to former customers who lost money in a $200m swindle.
Dozens of former Credit Suisse advisers who have been fighting for their deferred compensation after leaving the bank last year scored a partial victory on Friday when the brokerage industry’s main regulator said member firms cannot make workers waive their rights to settle disputes in the regulator’s own arbitration forum.
Deutsche Bank Chief Executive John Cryan on Friday moved to reassure staff after shares in Germany's largest lender hit an historic low amid.
The $41-million clawback that Wells Fargo slapped on CEO John Stumpf is a good start, but it's not enough, says one prominent banking analyst.
Experts and analysts in the industry are playing down comparisons between Deutsche Bank and the dramatic collapse of Lehman Brothers eight years ago.