Grupo BTG Pactual, the investment bank owned by Brazilian billionaire Andre Esteves, is hiring 20 people and starting an asset-management business in Mexico.
Over a billion personal data records were compromised by cyberattacks in 2014, a report revealed, driven by high-profile breaches.
Bank of America has named Mark Davies and Brian Weinstein as co-heads of emerging-market fixed income, currencies and commodities trading.
If activist investors are picking on women CEOs, they might want to look elsewhere to start a fight.
Herve Falciani, former IT worker for HSBC, said UK tax authorities would have known about the stolen list of clients of HSBC's Swiss private bank when it was given to French officials.
French bank Societe Generale reported a jump in fourth-quarter profit, but took a large write down on the value of its Russian unit as the country's economy continues to struggle.
Commerzbank, the target of a U.S. probe into alleged sanctions violations, set aside an additional $549m for legal provisions and said it may need to repeat the exercise.
Hedge funds have defended themselves against criticism from Labour party leader Ed Miliband, arguing that they contributed £4bn in British taxes last year and would not benefit from changes in levies on financial trading.
Britain will slip into deflation for the first time in more than half a century, the Bank of England is expected to say on Thursday, as the slump in oil prices further impacts the economy.
A corruption scandal in Sweden centred on extravagant corporate perks and private jets has now cost the jobs of seven senior executives.
The onus may no longer be on your bonus!
Pay for all of Deutsche Bank’s executives will be capped at the same limit this year. But a new disclosure shows corporate and investment bank head Jeff Urwin may be worth more compensation than co-Chief Executive Officer John Cryan.
GlaxoSmithKline is taking action to make medicines more affordable in developing countries, including waiving patent protection for new drugs in the world’s poorest nations.