Morgan Stanley on Thursday named 153 managing directors, a slight increase from the 144 employees awarded the senior title last year.
For Marty Chavez, the decision to return to Goldman Sachs came after a week cleaning toilets.
The largest banks in the European Union would face a 'narrowly' defined ban on proprietary trading from 2018 under draft plans by Michel Barnier, the EU’s financial services chief.
Bank of America’s Merrill Lynch unit won a lawsuit against a Portuguese investment firm over a disputed share sale that’s the subject of an Italian market-abuse probe.
Barclays won an order by a federal judge putting on hold a $488m fine for allegedly gaming U.S. energy markets while the bank challenges a lawsuit by the Federal Energy Regulatory Commission.
Goldman Sachs is devising ways to hand its highly-paid bankers a third element to pay in response to the EU's bonus cap.
The bank's efforts to improve controls will be exempt from outside scrutiny, CNBC has learned.
Common Sense Investment Management isn't shutting down, despite media reports to the contrary.
Securities and Exchange Commission attorneys are reviewing the stock holdings of about 3,400 employees after some New York staffers were found to own securities prohibited by ethics rules.
Pope Francis has sacked nearly all the cardinals from the commission charged with overseeing the scandal-hit Vatican Bank, just 11 months into their five-year term.
Activist investor Carl Icahn turned up the pressure on American International Group to separate into three public companies.
Accountants, estate agents and art dealers who breached money-laundering rules were fined an average of just £1,134 last year, according to a report that says the UK’s anti-money laundering controls are not fit for purpose.
George Osborne could be forced to borrow billions of pounds more than forecast by 2020 if he sticks with spending cuts that will hit economic growth, according to a report by City University.