Speed trader XTX Markets has hired Goldman Sachs director Jigar Patel to head its electronic commodities business.
Standard Chartered arranged an $8.4m incentive for Chief Executive Officer Bill Winters to turn the bank around after scrapping annual bonuses for all senior managers.
Goldman Sachs added compensation practices to the list of matters receiving legal and regulatory scrutiny.
Two years after buying it, Carlyle Group will shut down a hedge fund-of-funds manager that was a prong in its push to expand beyond private equity.
The richest fifth of the population are worse off now than they were before the financial crash, but the poorest fifth have typically become better off, according to official figures which could spark controversy among anti-austerity campaigners.
Bank of England governor Mark Carney has said the Bank does not yet consider negative interest rates to be an appropriate stimulus measure for the UK.
Vowing to hang on to a broad array of businesses.
Bruno Iksil, the former JPMorgan trader who became known as the “London Whale” as his unit began generating more than $6.2bn in losses in 2012, surfaced on Monday to say he isn’t responsible for the debacle.
UBS said a five-year French probe into allegations it helped clients evade taxes has been completed, bringing the bank a step closer to facing a possible trial and fine.
Analysts are scrutinising the potential hit Royal Bank of Scotland and Barclays could take to their financial strength at times of market turbulence following the publication of EU-wide health checks on the financial sector.
Another bumper week of UK banking earnings is expected to bring a fresh dose of bad news, with profits expected to slide at HSBC and a loss forecast at RBS.
A group of women explain to CNBC's "On the Money" how they're addressing the lack of female representation on Wall Street--by making a movie about it.