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JPMorgan Claws Back Over $100m In Pay

Bald Eagle

JPMorgan Chase has clawed back more than $100m in pay from managers responsible for its record trading loss last year and awarded CEO Jamie Dimon less than three of his top lieutenants.

'We Feel Like Crying': Cypriots Lament 'Terrible' Deal

Cry Baby

A day after Cyprus struck an 11th hour bailout deal with international creditors, economists warned of the devastating impact it would have on the Cypriot economy as ordinary Cypriots attempted to come to terms with a new reality.



Merge lanes road sign

People News: Allen & Co, Bof A, Greenhill & Co

Allen & Co, the boutique investment bank known for its annual conference in Idaho’s Sun Valley, has hired Bank of America veteran Scott Bacigalupo to expand its stock-trading business, people with knowledge of the matter said.