Wall Street's biggest dealmakers will be showered with big bonuses this month but many other bankers face a lean year as executives seek to retain top talent while at the same time try to keep a lid on costs.
If you're figuring out whether to talk up your viewing of a Sunday afternoon movie into "world cinema enthusiast" on your CV, don't bother.
Former Goldman Sachs director Rajat Gupta is a free man after serving 19 months in federal prison for leaking tips to hedge fund billionaire Raj Rajaratnam.
JPMorgan won a judge’s preliminary approval of a deal to pay $150m to settle investor claims that it hid from them as much as $6.2bn in losses caused by a trader dubbed the London Whale.
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.
Four Nomura investment bankers, each managing directors covering major industries, were among 17 employees who left voluntarily since the bank cut pay and personnel in the Americas, according to people with knowledge of the moves.
Ken Griffin’s $24bn Citadel investment firm has hired David Bonfili to help manage a new equities division, according to spokesman Zia Ahmed.
Bestselling author Tim Ferriss has interviewed some of the most accomplished people on the planet. Here’s what they all have in common.