The rise in “billionaire basements” – subterranean home extensions in some of London’s most expensive boroughs – is attracting fresh scrutiny amid concerns over a rise in fatalities and serious injuries.
The former head of tax at the Morrisons supermarket chain has been jailed for a year after pleading guilty to insider dealing, from which he made £79,000 of profits.
The share of jobs held by women in the C-suite is 25%, Catalyst reports. To get ahead, women need senior sponsors that can help promote their skills.
Senior HSBC executives, including the BBC Trust chair, Rona Fairhead, have been ordered to appear before MPs for a fresh hearing on the bank’s Swiss operation.
Barclays generated £593m of profits last year in Luxembourg – where much of its tax planning services were based – but employed just 30 people and paid £4m in tax.
Two American and two European firms.
Now worth $79.5bn.
Morgan Stanley leaders got performance-based stock awards Monday that have more than doubled in value since they were granted three years ago - the biggest payout yet under a bonus program adopted after the financial crisis.
JPMorgan named James C. Ferguson to run the unit that helps private-equity and hedge funds with accounting, valuation and other administrative tasks after trades.
Citigroup Chief Financial Officer John Gerspach said revenue from fixed-income and equities trading will decline by 'mid- to high-single' digits in the first quarter from a year earlier.