BANKS and financial services companies wishing to relocate their workforce from UK to another European city in the wake of Brexit and a potential loss of passporting rights will face costs as high as £50,000 per employee, according to New York-based consulting firm Synechron.
More than 70 banks and other City firms have agreed to link their bosses’ bonuses to the appointment of women to senior jobs in a push to break with male-dominated executive teams.
Unicorns, privately held companies valued at $1 billion or more, are now receiving the lion's share of venture capital invested, a new report reveals.
U.S. Bancorp catapulted its business selling investment-grade corporate bonds up league tables faster than any major rival since the financial crisis, jumping 49 rungs to rank No. 15 this year. That’s just the start of its aspirations in capital markets.
The FTSE 100 index burst into bull market territory after Theresa May emerged as successor to David Cameron, providing a further boost to surging stocks on both sides of the Atlantic.
Switzerland's politicians have done too little to protect the country's banks from demands for data from foreign governments, UBS CEO Sergio Ermotti said in an interview published by the SonntagsZeitung newspaper on Sunday.
Tales from the trading floor.
In an exclusive interview, his first public TV appearance since leaving Morgan Stanley, airing on FOX Business Network’s Wall Street Week, Fleming was asked whether he wants to return to a big global bank.
Jefferies Group, the investment bank owned by Leucadia National, said the U.K.’s vote to leave the European Union may hurt its business on the Continent.
Britain’s banks face a ban on restrictive contract clauses and misuse of league tables in pitches to clients, in an attempt by the U.K.’s financial regulator to shake-up competition in investment and corporate banking.
Massachusetts became the latest state to penalize Wells Fargo over its bogus accounts scandal by pulling the bank from a list of approved bond underwriters.
China’s economy is showing signs of stability after the nation’s government reported growth at an annual rate of 6.7 per cent in the last quarter.