Goldman Sach lost market share in equities revenue relative to the world’s top firms last year, according to Tricumen Ltd, a financial research company.
Banks including Deutsche Bank, Royal Bank of Scotland and UBS are reviewing rules on currencies traders making bets with their own money, in another sign of how investigations into the forex market is prompting a crackdown on trading floors.
You have great ideas. You are very comfortable pitching them at meetings. But there's always someone in the room who questions why you want to do something.
Retailers are calling for a radical overhaul of the business rate regime that could see the tax based on energy use rather than property values.
British savers could suffer a £3.6bn cut in the value of their savings following the introduction of a financial transaction tax, a study into Brussels plans to raise a levy on City trading has claimed.
Asking prices for U.K. houses jumped above £250,000 ($419,050) in February, up 6.9 percent on the same time last year, marking the highest annual increase for more than six years in a fervent UK property market, according to a new study.
A scheme devised by the bank could see hundreds of employees waiting until 2021 to receive bonuses, Sky News understands.
On one trip to Las Vegas, the bar bill alone was $37,000.
'We pay them if they produce'.
The CEO of a $5 billion hedge fund can expect to make between $7 million and $10 million if the fund returns just 10 percent.