A Wells Fargo employee who made national news last year when he copied thousands of his co-workers on an email asking CEO John Stumpf to give all of them a raise is moving on.
Barclays must release millions of dollars in deferred pay to former derivatives trader Mayank Chamadia who claimed the bank unfairly withheld compensation after he left the firm.
Bank of America Merrill Lynch has hired Michael Wise, a banker specializing in equity sales for financial institutions, as a vice chairman of global equity capital markets, the firm announced in an internal memorandum on Monday.
M&A any European involvement, announced deals.
The U.S. Department of Justice is pressing for Citigroup’s main banking subsidiary to plead guilty to a felony tied to the rigging of foreign-exchange markets, according to two people briefed on the matter.
Commerzbank and government lawyers gained federal court approval of a $1.45bn agreement to defer prosecuting the lender for violating U.S. laws, including sanctions on doing business with Iran and Sudan.
Argentina has suspended the head of Citibank's local subsidiary after the bank said it would stop processing payments on Argentine bonds caught up in a messy US court battle.
Americans' views on the state of the economy reached new heights in the latest CNBC All-America Economic survey with a record 27 percent judging the economy as excellent or good, the highest level in eight years.
The World Economic Forum has named its "Young Global Leaders" - including many financial types - and expect them to be forces for global good.
Inside a lobby at Google’s headquarters in Mountain View, California, beside a rank of 1990s arcade machines, a laminated sign asks people to “Please Be Googley”.
A Bank of England policymaker has admitted he got it wrong when predicting a significant pickup in wages, prompting him to abandon his call for a rise in interest rates.
Nick Taylor, BNP Paribas’s head of credit trading for central and eastern Europe, the Middle East and Africa, is leaving the bank, according to a person with knowledge of the matter.