Mizuho Financial Group is expanding its hiring plans for Japan equities to as many as 30 people from 15 as the bank shrugs off global market turmoil to boost its trading and investment banking businesses.
UBS and Credit Suisse accounted for about three out of four job losses in the Swiss banking industry last year, even though they employ less than half the local workforce.
Christian Gaertner, a managing director at Bank of America in London, is leaving to join a German technology startup, a spokeswoman for the bank confirmed.
With a competitive wave of nominations received, Private Banker International (PBI) has released the shortlist for the prestigious 10th PBI Global Wealth Awards 2015.
UniCredit CEO Federico Ghizzoni declined to comment on Thursday on a report that the bank was mulling more than 10,000 lay-offs saying there were no specific figures yet on the table.
HSBC has appointed Efe Kapanci to head its mergers and acquisitions business in the Middle East and North Africa.
'Conduct a brutal and open self analysis, because without it and without acknowledging your own weaknesses and strengths, you can’t pursue such an overhaul'.
Dyson, the privately owned British engineering group famous for its vacuum cleaners and bladeless fans, has announced record-breaking profits of £367m, up 13% on the year, despite spending £3m a week on research and development.
The British day trader accused of contributing to the 2010 flash crash enlisted a computer programmer to help him work out a system to manipulate stock prices, e-mailing pleas for help perfecting his 'spoofing' efforts, U.S. prosecutors said in an indictment.
Global investment banks may see revenue drop 19% in the third quarter, lowering earnings per shares across the industry, as a surge in volatility caused by turmoil in China recedes, according to analysts at JPMorgan.
Global sovereign wealth funds are waiting to pounce on bargains instead of paring stakes in the U.K. following the Brexit vote, a senior industry expert said Friday.
Six UK banks have been downgraded by Standard & Poor's (S&P) over concerns about risks arising out of the recent vote to leave the EU.
Efforts to appoint more women to the boards of Britain’s biggest companies have stalled, while men still exert a tight grip on key decision-making positions, new data has revealed.