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.
The Serious Fraud Office (SFO) has charged three former Barclays employees in connection with its investigation into the manipulation of Libor.
Regulators have addressed many issues but "too big to fail" has actually gotten worse, says Michael Farr.
Barclays has hired head hunters to search for a new chairman just 18 months after Sir David Walker was parachuted into the embattled bank’s boardroom.
The 28,000 people scammed by financier Allen Stanford feel like the "stepchildren in the Ponzi world," one victim said. CNBC's Scott Cohn reports.
Major bitcoin exchange Mt Gox announced on Monday that users should soon be able to withdraw funds from their accounts amid growing tensions and a price collapse for the virtual currency.
Heavy storms that have flooded around 6,000 U.K. homes could knock more than 1 percent off economic growth, a U.K. economist told CNBC on Monday.
The U.S. is at risk of becoming a "Downton Abbey" economy, as the gap between the top 1 percent and the poor widens, former US treasury secretary Larry Summers has warned.
Saying you worked on Wall Street used to have status.
Mark Carney has stepped into the row about bankers' bonuses with a demand that a large chunk of the pay packages for senior staff should be deferred "for a very long time".