Through 1913 and into 1914, J Pierpoint Morgan spared no expense in the construction of an imposing headquarters that might suitably represent his reputation as the era’s pre-eminent financial baron – a lair for the capitalist’s capitalist smack in the heart of Wall Street.
More than 800 bankers in the UK were paid at least €1m (£736,000) by four major US investment banks in 2014.
Chinese stocks plunged Monday, spurring a trading halt for the rest of the session and leading stock markets in Asia Pacific lower after feeble manufacturing surveys revived concerns over the durability of the country's economic recovery.
The 10 years between 2010 and 2020 are set to be the worst decade for pay growth in almost a century, and the third worst since the 1860s, according to new research.
Worries about the eurozone and shaky prospects for the wider global economy have dented confidence among bosses of the UK’s biggest companies, according to a survey.
Record-breaking discounts on offer in the post-Christmas sales have so far failed to attract a rush of bargain hunters to the high street, raising fears that Marks and Spencer, John Lewis and Next will be forced to report disappointing trading figures for the festive period.
Cheap American olive oil could, in a few years’ time, be sitting on supermarket shelves next to the Tuscan single estate varieties loved by British foodies.
The last serious scandal to squeeze into the news in 2015 doesn’t turn out to be Lynton “dog whistle” Crosby’s knighthood or other recipients of Dodgy Dave’s New Year honours list.
Large cash and gold withdrawals were one way Bank Lombard Odier & Co allowed U.S. clients to sever a paper trail on their assets and cheat the Internal Revenue Service, the bank admitted, agreeing to pay $99.8m to avoid prosecution.
Doug Hirsch, one of the founders of the Sohn Investment Conference, is returning money to clients from his hedge fund after almost 20 years.
Jefferies Group, the investment bank owned by Leucadia National, said the U.K.’s vote to leave the European Union may hurt its business on the Continent.
Nomura's overseas business remains on track to return to profit by March for the first time in seven years despite Britain's vote to leave the European Union, its chief operating officer said.