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Bank of America co-COO Thomas Montag received a 21% raise to $14.5m for 2012, topping his boss Brian Moynihan for the third straight year.
A former SAC Capital Advisors portfolio manager pleaded not guilty on Friday to a five-count criminal indictment alleging that he engaged in insider trading on shares of two technology companies.
Morgan Stanley gave Colm Kelleher and Greg Fleming, the leaders of its two businesses, compensation packages of $8.6m each for 2012, a decline of 7% from a year earlier.
A federal judge in Manhattan on Thursday dismissed two lawsuits in which participants in Morgan Stanley's retirement plan accused the firm of mismanaging some plans by allowing participants' money to remain in its stock even as its performance faltered in 2008.
Royal Bank of Scotland is being sued for misleading investors during its £12bn emergency fundraising in 2008, in a landmark joint claim brought by Dutch bank ING and pension funds for British coal miners.
George Osborne will be handed a rare encouraging assessment of the state of the economy on Tuesday as a survey of businesses predicts that Britain will avoid a triple-dip recession.
Jefferies Group CEO Richard Handler sued to stop construction of a roof deck across the street from his Tribeca penthouse apartment, saying it’s illegal and would spoil his view.
Ruth Porat is staying put.
The 80:20 rule applies to the government's austerity policies: about 20% of the Treasury plan for rebuilding public finances rests on tax rises, while 80% comes from reductions in spending.
Deutsche Bank is seeking to recover internal electronic chat transcripts that were left out of disclosures to regulators during a probe into interest-rate rigging, according to people briefed on the matter.
HSBC reported a 2 percent year-on-year rise in adjusted pre-tax profit to $13 billion for the first half, after a strong performance in Hong Kong.