Because of the recession of 2007-2009 and a still-struggling economy, the U.S. legal profession is under severe stress.
Worldwide M&A Up 6% from 2012; Best Annual Period for Deal Making in Two Years
A former Royal Bank of Scotland trader, who was criticized by a judge for giving dishonest testimony on behalf of the bank in a 2010 trial, sued at a London tribunal saying he was unfairly fired.
Credit Suisse raised total compensation for CEO Brady Dougan by 34% for 2012, a year when net income declined.
The European Parliament’s vote to cap bonuses in the asset-management industry could affect two- thirds of senior fund managers in the U.K., U.S. funds in Europe and hedge funds open to small investors.
Schroders has announced that it is discussing a possible cash offer for Cazenove, with a deadline of 19 April to either agree a deal or walk away.
BP has announced that it intends to carry out a share repurchase, or buy-back, programme with a total value of up to $8bn.
HSBC takes a stab at wacky correlations between the performance of the 28 teams taking part in Hong Kong's most celebrated annual three-day sporting event, the Hong Kong Rugby Sevens, and economic trends.
US authorities have charged the brother of fallen hedge fund billionaire Raj Rajaratnam with participating in his insider dealing scam.
Goldman Sachs will increase its presence in Poland in an effort to expand technology services across the globe.
Three global banks are in danger of losing their ability to manage pension funds in the U.S., as the Department of Labor wrestles with how to hold financial institutions accountable for criminal misconduct.
Withdrawn M&A activity totals $335.7 billion, up 53% compared to YTD 2014 levels