Almost one in three investors at Icap have voted against the City company’s plans to more than double the salary of its boss Michael Spencer – a former Conservative party treasurer – as part of a revamp of its bonus system.
Jamie Dimon made an unscripted remark in JPMorgan Chase 's conference call with investors on Tuesday.
Bank of America reported quarterly earnings that beat analysts' expectations on Wednesday, helped by lower legal costs.
Barclays faces further boardroom upheaval after it emerged the deputy chairman who played a key role in ousting chief executive Antony Jenkins last week is also to leave the bank.
With Iran and world powers said to have signed a nuclear deal, Xanyar Kamangar’s big career bet may just be working out.
A former U.S. special-operations soldier turned math wonk is shaking up the world of commodity trading.
JPMorgan’s hedge fund business Highbridge Capital Management is working with a technology firm to develop investing strategies using artificial intelligence.
Tom Hayes was told by a judge to stop making speeches and answer the questions put to him after a series of terse exchanges with a U.K. prosecutor.
UBS appointed Chris Hagstrom and Mike Pasquale co-heads of Americas equities distribution as the bank looks to regain market share in global stock trading.
Following weeks of stock market turmoil, China has confounded expectations that its economic growth would slow further in the second quarter, with gross domestic product rising by 7%.
Jonathan Conway, Barclays’ head of credit restructuring in Europe, the Middle East and Africa, has left to join private-equity firm KKR & Co.’s Pillarstone business, according to a person with knowledge of the matter.
The world’s most famous currency speculator has warned that a vote on Thursday for Britain to leave the EU would trigger a bigger and more damaging fall for sterling than the day he forced Britain out of the Exchange Rate Mechanism almost a quarter of a century ago.