Michael Corbat earned $14.1m in 2013, up from $11.5m in 2012. What was so puzzling was that it seemed that he'd done so little to deserve it.
Women may have an easier time climbing the corporate ladder in emerging nations as opposed to developed economies, according to a new research, which showed there is more value placed on skills such as intuition and creativity in the latter.
Adding voice to WhatsApp is a logical move. Having taken text messaging revenues from mobile phone operators, Facebook is now looking to do the same with voice calls.
The chief of Credit Suisse will square off on Wednesday against U.S. Senator Carl Levin as the veteran congressional investigator releases his latest findings on offshore tax evasion.
Daiwa Securities and Australia and New Zealand Banking Group Limited (ANZ) have today signed a Memorandum of Understanding to establish a business alliance in connection with their M&A advisory businesses.
Son of a gun!
'We don't want to do this at all....Sadly because of the EU directive we've had to change'.
Not bad for one year's work.
"Dear shareholder, this new EU law capping bonuses is silly so we've decided to exploit the enormous and very obvious loophole. Stuff Brussels: we're not paying ourselves less. Your co-operation in this matter is greatly appreciated."
Toronto-Dominion Bank CEO Ed Clark will get a lifetime annual pension of $2.23m after stepping down as head of the firm.
Deutsche Bank’s path to higher returns in its trading business probably won’t be through dealing German bunds.
A failed hedge fund, whose manager was jailed for fraud, sued Citigroup over allegations the bank undervalued assets when it closed out trades at the height of the 2008 financial crisis.
You may soon be able to see every conceivable outcome of a wager, say on interest rates, over many time horizons - thanks to computers that rely on the uncertainty at the root of all matter.