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DOJ warns Wall Street: Spies out to get you

Wall Street

The Department of Justice has a warning for Wall Street in the wake of last week's takedown of an alleged Russian spy ring operating in New York: Foreign intelligence services are actively trying to penetrate the U.S. financial system.

BNP Paribas chiefs lose bonuses

Pot Of Gold

BNP Paribas has slashed the bonuses for its top executives to reflect the impact of last year’s $8.9bn fine for US sanction violations that almost wiped out its annual profit.



UBS HQ archway

People News: UBS, C Suisse

UBS is hiring investment banker Joseph Hershberger from Credit Suisse, where he was a managing director and global head of asset management banking, according to a company memo.