A strong performance by the UK’s services sector in September has allayed concerns that a rebound after the Brexit vote panic would prove temporary.
Boardroom bosses should meet employees every year to justify pay practices, according to proposals put forward by one the City’s biggest fund managers as it warned that wage inequality needs to be addressed by major companies.
Leading think tank TheCityUK has warned that a so-called "hard Brexit" would cost thousands of jobs.
Fitch added to Wells Fargo's worries late last night when it downgraded its ratings' outlook from stable to negative.
Nice work if you can get it.
Deutsche Bank’s troubles are being exacerbated because of its size relative to other global banks such as JPMorgan, which would be able to withstand the threat of large fines more easily, Evercore Partners Chairman Roger Altman said.
Centerview Partners, the investment bank co-founded by Blair Effron and Robert Pruzan, hired Sean Carmody from JPMorgan as a partner focused on the financial-services industry.
A senior deal maker at Goldman Sachs, John Vaske, will retire from the investment bank after 28 years, the company announced on Tuesday.
Credit Suisse is seeking to secure a key banking licence in Saudi Arabia as part of plans to expand in the kingdom.
A warning about the impact of the Brexit vote on financial services jobs has been issued by the head of the London Stock Exchange.
Tudor Investment, the $11bn hedge fund founded by billionaire Paul Tudor Jones, has closed its Singapore trading desk as part of a global shakeup, according to people familiar with the matter.
It isn’t easy quitting a lucrative job.
Thousands of jobs could go.
It has moody black and white images and a poetic voiceover with a social message. The words “we are blind” accompany images of a crowd walking past a woman sitting in a doorway. Few would guess, when the images are screened in an interval of Sunday’s X Factor, that they are an advert for NatWest bank.
German lender Deutsche Bank sought to reassure investors on Monday, telling CNBC that its chief executive hadn't asked for government assistance in its negotiations with the U.S. Department of Justice.
'The challenges facing the sector have not gone away'.
Barclays will reduce office space at its loss-making Japanese securities unit to trim expenses after cutting jobs earlier this year.
HSBC is seeking to release billions of dollars of capital tied up in the United States without upsetting the country's politicians and regulators, senior sources at the bank said.
Deutsche Bank’s shares have fallen to a new low amid doubts over the ability of Germany’s biggest bank to pay potential multibillion-dollar fines for past wrongdoing.
The ultimate winner if Brexit forces banks to flee London may lie 3,500 miles away, far beyond the borders of Europe.
A former senior Barclays executive will take the bank to an employment tribunal next month, as he brings an unfair dismissal claim against his former boss.
Wells Fargo's decision not to introduce new names onto its board or into the ranks of its senior management in the wake of a sales scandal has raised questions about whether it can truly fix the culture which caused its problems.