Jerome Kerviel sought the suspension of a French trial into whether he is responsible for Societe Generale's $5.3bn trading loss eight years ago until a criminal court rules on the convicted rogue trader’s bid for a retrial.
HSBC chief executive Stuart Gulliver has said the bank will provide an "update" on its plans to relocate its headquarters abroad - although that may not include a decision.
The richest stand to gain more from the introduction of new technology than those in poorer sections of society, according to a report that warns of the impact on low-skilled roles from increased use of automation.
The probability of a global economic recession this year is as high as 20% in a worst case scenario, investment bank Morgan Stanley said on Tuesday.
Shell has warned that its fourth-quarter profits may be 50% lower than last time with full year write-offs as high as $7bn (£5bn), underlining the damage being wreaked on the industry by low crude prices.
Point72 Asset Management, the firm that oversees billionaire Steven A. Cohen’s wealth, is seeking more than 40 traders and analysts as it expands its London office.
Deutsche Bank’s Dario Schiraldi and James Dilworth are leaving the lender after co-Chief Executive Officer John Cryan broke up the firm’s asset and wealth management businesses, according to a person with knowledge of the matter.
Julius Baer has dismissed one of its client advisers as part of its internal investigation into ties with world football's governing body FIFA, a source familiar with the matter said on Tuesday.
Guard Capital Management, the firm led by former Goldman Sachs trader Leland Lim, reopened its macro hedge fund to new investors this month after outperforming peers in 2015, said a person with knowledge of the matter.
Goldman Sachs' Jason Gottlieb, a partner in the bank's asset management division, is leaving the firm.
Societe Generale on Monday asked for an adjournment to push back the date of a trial in a long-running dispute with Libya's $67bn sovereign wealth fund over a series of trades entered into between 2007 and 2009.
Bank of America's wealth unit is losing financial advisers who cannot meet performance targets because their books of business are too small, Chief Executive Brian Moynihan said on Monday.