Commodities-related revenue at the 12 biggest investment banks fell by 7% last year, mainly due to weakness in the oil sector, a report by financial industry analytics firm Coalition said on Thursday.
Sexism in tech is absolutely "absolutely a systemic problem," Square CFO Sarah Friar told CNBC's Deirdre Bosa on Squawk Box Asia.
Federal reserve policymakers have hinted that it may be time to raise US interest rates again – “fairly soon” – if jobs and inflation continue to meet expectations.
A top Bank of England official has hit out at the rise of “fake news” in a strident defence of the role of experts in society.
Barclays revealed this morning that its profits before tax shot up during 2016, as it announced it would close down its non-core unit earlier than planned.
Regulators Have a “Wait and See” Attitude About Regulating Fintech
Citigroup is establishing a global regulatory affairs team in Washington as Wall Street firms prepare for the possibility of widespread changes to financial rules under the Trump administration.
Tom Hayes, the first person to be found guilty of Libor rigging in the UK, is suing the City watchdog to overturn a ban on him working in the industry.
Veterans of Goldman Sachs may enjoy top billing in Trump's administration, but executives from one little-known bank could soon wield enormous influence.
Snap's IPO could be a game-changer not only for the "Silicon Beach" start-up ecosystem in L.A., but also for start-ups all around the country.
And there's a lot of truth in these.
Wells Fargo says four current or former senior managers in community banking have been terminated.
Unnamed sources told Axios that Jay-Z, also known as Shawn Carter, will partner with venture capital firm Sherpa Capital.
Some big bonus payouts just vanished
HSBC boosted Stuart Gulliver’s total potential pay to $12m as the CEO was rewarded for cutting costs, while the bank’s bonus pool dropped.
Billionaires, CEOs, and entrepreneurs reveal their favorite productivity tricks.
When filmmaker Peter Kunhardt asked friend Peter Buffett if his dad would be open to him making a documentary out of his life, Buffett told Kunhardt to write him a letter.
Citigroup has agreed to pay a penalty of almost 70 million rand ($5.4 million) to settle a South African antitrust investigation that said it participated in an alleged cartel to manipulate the value of the rand.
Unilever forced Kraft Heinz to abandon its £115bn bid for the company after the Anglo-Dutch maker of Marmite and Flora said it would use every tool at its disposal to fend off a deal.
The trickle toward indexes has turned into a flood, with more than half a trillion dollars heading into passive funds over the past 12 months.
Singapore Exchange Ltd., which runs the city’s equity market, is considering reinstating the midday intermission, according to people familiar with the matter. SGX in 2011 scrapped the break, which lasted from 12:30 p.m. to 2 p.m. every day, in an effort to boost trading.
Former Societe Generale trader Stephane Esper won a French court ruling blocking a request by U.K. prosecutors to extradite him to face charges for rigging a key interest-rate benchmark.
Royal Bank of Scotland reported its ninth consecutive annual loss this morning, pushing shares down two per cent.