Philip Hammond will attempt to reassure bankers on Wall Street on Thursday that he wants the City to be a leading financial centre after Brexit.
The world's oldest people may have attained the oldest age biologically possible for the human species.
Worldwide announced deals for the first nine months of 2015. Data compiled by Thomson Reuters.
The Securities and Exchange Commission announced that Credit Suisse has agreed to pay a $90m penalty and admit wrongdoing to settle charges that it misrepresented how it determined a key performance metric of its wealth management business.
Global Investment Banking Fees Total US$60.9 billion; Slowest First Nine Months for IB Fees since 2012; Americas Declines 19%
Standard Chartered has stepped up its hiring from Barclays’ private-banking team in Hong Kong ahead of the transfer of the business to Oversea-Chinese Banking Corp, in a move that underscores the stiff competition for wealth managers in Asia.
A self-described “battler” from Sydney has had the cost of his Domino’s Pizza order refunded after 18 months and a successful court battle.
Wells Fargo's reputation has taken a major hit on Main Street, and now Wall Street is jumping on the bandwagon.
It’s a tough market.
A former Barclays executive Justin Bull said he was "uneasy" suspending traders accused of foreign-exchange manipulation in an internal probe, the second time he’s expressed sympathy for former employees caught up in the allegations.
The goal in hiring is to find the right person to fill the right position.
London now has the second most over-valued property market in the world, beaten only by Vancouver in Canada, according to a new “Bubble index” compiled by Swiss bank UBS.
Nicholas Michael Bonacci, a former mortgage-bond trader at Morgan Stanley, was fined by the Securities and Exchange Commission and suspended from the industry for a year for misleading customers about the value of the securities they were buying, causing them to pay more.
Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years.
Wells Fargo CEO John Stumpf stands to walk from the bank with $123.6m in severance and stock value if he retires from the bank, which is still reeling from a scandal where hundreds of thousands of accounts were inappropriately opened for customers.
Wells Fargo executives will forfeit millions of dollars in the wake of revelations that the bank’s sales quotas led to the creation of more than 2m unauthorized accounts.
Commerzbank aims to cut around 9,000 jobs in the next few years and will scrap its 2016 dividend as part of efforts to reduce costs in the face of negative interest rates, a source close to the bank's supervisory board said on Tuesday.
A bubble in the bond market is nearing a “dangerous situation” as asset-buying programs by central banks keep pushing up prices, Aberdeen Asset Management Chief Executive Officer Martin Gilbert said.
Since 2010, when the coalition embarked on austerity, one profession has turned cuts to the public sector into a business opportunity: management consultants.
Billionaires are shunning the London luxury property market, with sales of “super prime” £10m-plus homes in the capital collapsing by 86% over the past year.