Jonathan Mathew, one of the ex-Barclays employees accused of manipulating a key benchmark interest rate, is on trial merely for following the orders of a bullying boss, according to his lawyer.
Citigroup's head of equities, Derek Bandeen, is retiring, according to a memo reviewed by Reuters.
This attitude about careers is more common among millennials than older Boomer and Gen-X workers.
Some economists see economic growth as negligible in the first quarter, and it could easily turn out to be negative.
Ever feel like stress, anxiety and bottomless to do lists stop you from doing your best at work?
Some of the world’s largest economies would be dangerously exposed in the event of a fresh banking crisis, PwC has warned, as it calls for emerging economies to push forward on reforming their financial sectors.
BP is facing a row over boardroom pay at its annual meeting after a leading City investor warned it intended to vote against a $20m (£14m) package for chief executive Bob Dudley.
The UK arm of Qatar Islamic Bank has been fined £1.4m by the Bank of England for significant failings which left it undercapitalised and exposed to too high a level of risk.
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.
Barclays will reduce office space at its loss-making Japanese securities unit to trim expenses after cutting jobs earlier this year.
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.