2014 will prove to be a tougher year for bonuses for some.
Five Wall Street banks are set to reveal that they paid their staff about £80bn ($120.8bn) in total in salary, pensions and bonuses last year.
The U.S. Supreme Court rejected an appeal by Rajat Gupta, the former Goldman Sachs man board director convicted of insider trading, leaving in place a lifetime ban on serving as an officer or director of a public company.
The banking industry could look different in the near future as the cost of being a big bank today might not be profitable,Lazard Vice Chairman Gary Parr told CNBC on Monday.
If employers don't start giving raises, they may hear this message a lot in the upcoming year.
A former trader for Credit Suisse was banned from Hong Kong’s financial industry for life after he made fictitious trades and covered up losses in 2012.
Royal Bank of Scotland is looking to put most of its Asian corporate banking business up for sale, according to a person with knowledge of the discussions.
JPMorgan reached a preliminary settlement to pay $500m to resolve a lawsuit over $17.6bn of faulty mortgage-backed securities issued by Bear Stearns, according to a person familiar with the agreement who asked not to be named because the information isn’t public.
Mark Carney finds out this week if he will be the first governor since Bank of England independence in 1997 to write an open letter to the chancellor explaining why inflation is so low.
Prices are tumbling, right across the eurozone. But for consumers from Amsterdam to Athens, this is not a bumper Christmas sell-off: the falling cost of their weekly shop reflects a deep economic malaise.
Glencore’s efforts to reduce fatalities among its staff have suffered a setback with the announcement that the death toll from an accident at a Congolese mine has risen to seven.
European banks are facing a grim 2016.
China's economy experiencing a sharper-than-expected slowdown is the world's biggest risk, according to the wonks over at the Economist Intelligence Unit.