UBS has poached a U.S. team of 15 oil and gas investment bankers from Bank of Montreal, marking a shift in power in the energy banking market, according to people familiar with the matter.
Women suing Goldman Sachs for alleged discrimination in pay and promotions shouldn’t be allowed to bring their case against the bank as a group, a judge recommended.
City analysts are betting that the euro could soon sink to the same value as the US dollar on foreign exchanges, after the European Central Bank’s quantitative easing programme kicked off.
Sad to report.
Vodafone has introduced a mandatory minimum maternity policy that requires all 30 of its globally operating companies to offer at least 16 weeks of fully paid leave to expectant mothers, even in countries like the US that have no paid leave requirements.
Pascal Soriot, the chief executive of the drugmaker AstraZeneca, saw his pay rise by 5% to £3.5m in 2014 after he helped resist a takeover approach from its US rival Pfizer.
The prospect of cheaper holidays in continental Europe this summer for British and American tourists has become closer after the euro tumbled on the foreign exchanges.
Strong consumer spending and the performance of the dominant service sector have made Britain’s businesses increasingly confident about their prospects over the next two years, according to the British Chambers of Commerce.
US stock markets fell on Tuesday as investors worried about rising interest rates and a strengthening dollar.
Steven Cohen’s investment firm is looking for an edge in public data.
But much of the investment JPMorgan is making in sales and trading is in technology.
Citigroup’s board changed the way the bank calculates performance pay for executives after receiving some complaints. The largest proxy advisers weren’t swayed.
One of five former Barclays traders accused of rigging benchmark interest rates extended an open invitation to his bar on a Greek island and offered a glowing mention in his memoirs in exchange for help keeping Libor where he wanted it, U.K. fraud prosecutors said at a London trial.