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.
Heads of many of the country's largest companies have rallied around Britain's "stay" campaign, according to a report in The Times.
Marks & Spencer has confirmed that Laura Wade-Gery, one of the UK’s few female FTSE 100 board directors, will not be returning from maternity leave and is to exit the company at the end of September.
Confident assertions are being made about what will happen to the City after Brexit. Sir Charlie Bean, former deputy governor of the Bank of England, said last week that he had “absolutely no doubt at all” that euro-denominated clearing of interest rate derivatives would be moved into the European Union.