U.K. Prime Minister David Cameron said he will seek to bring down the level of compensation per person at Royal Bank of Scotland, hardening his stance on pay at the state-owned lender.
Morgan Stanley Chairman and CEO James Gorman’s compensation package for last year includes a $5.06m stock bonus that’s almost double his 2012 equity award.
CNBC's Andrew Ross Sorkin Sits Down with Jamie Dimon, JPMorgan Chase Chairman & CEO.
Mathew Martoma's insider trading trial took a surprising turn Thursday afternoon.
European bank stress tests are one of the world's biggest risks going into 2014, Huw van Steenis, head of European financial services research at Morgan Stanley, has told CNBC.
The chairman of the Industrial and Commercial Bank of China (ICBC), the world's largest bank by assets, said Thursday that it would not compensate investors for losses related to a fund product it marketed to them.
China may have dialed down lately on its turbocharged growth, but the head of Goldman Sachs thinks the nation's motor is only beginning to run.
A British expat in Singapore stirred up an Internet storm after his Facebook posts mocking the "poor people" using mass transit went viral, hitting on the city-state's touchy issues of anti-foreigner sentiment and a growing wealth divide.
An early increase in borrowing costs was ruled out by the governor of the Bank of England as he insisted that this week's faster than expected fall in unemployment will not lead to an automatic interest rate rise that might choke off the recovery.
Monday’s $191.5 billion combination of Pfizer and Allergan pushes worldwide announced M&A to $4.2 trillion, surpassing the all-time annual record for global deal making set in 2007.
Activist investor Carl Icahn turned up the pressure on American International Group to separate into three public companies.