Getting paid to manage money may soon be less restrictive at BlackRock than at JPMorgan Chase under a U.S. proposal that could make it harder for Wall Street banks to compete for talent.
Two more bankers joined a list of currency traders suing their employers in London following $10 billion in fines dished out by regulators in the wake of the foreign-exchange scandal.
Deutsche Bank, which runs Europe’s biggest investment bank, remains 'unreservedly' committed to its securities-trading business even as it trims its focus to about a third of customers at the unit, said co-CEO John Cryan.
Credit Suisse has hired Tom Klein from larger rival UBS to oversee capital and liquidity management for the bank’s trading unit, according to two people briefed on the matter.
Switzerland's third-largest listed bank said net new money growth fell short of targets.
Wall Street strategists said Wednesday there are still gains to be found in equity markets, even as Goldman Sachs said it no longer saw a reason to own stocks.
Deutsche Bank’s annual general meeting (AGM) kicks off in Frankfurt tomorrow - and it’s set to be a humdinger.
Burberry’s Christopher Bailey has two jobs already, chief executive and chief creative officer, and now he has a third: chief hatchet man.
Sports Direct tycoon Mike Ashley is understood to have been outbid by rivals including the owners of Matalan and Edinburgh Woollen Mill as administrators try to secure the future of BHS.
Every year on September 11th, I always remember and re-live that day.
The following is an edit of a post by CNN the day after the 9/11 terrorist attacks on America:
Banks planning to move staff out of London after Brexit face a stark reality: there isn’t much prime real estate up for grabs in rival cities.