HSBC, one of the largest hedge fund investors in the world, has recently lost four senior people in the private banking unit that is responsible for picking the best money managers for their wealthy clients.
Germany is home to Europe's best-paid bank CEO, according to a ranking that shows little correlation between executive pay and shareholder returns.
Nomura Asset Management U.K has appointed Richard Hodges and Ben Bugg to extend its presence in the global fixed income space.
About 80 families of US soldiers killed in Iraq together with several surviving military veterans who were wounded in roadside bombings are suing five European banks for damages on grounds that they allegedly siphoned money to Iran that was then used to finance the attacks.
Just days before Germany's much anticipated third quarter gross domestic product (GDP) data is released, business leaders and policy makers warn that the euro zone's largest economy has lost its competitiveness and is on the brink of a recession.
Some really are pushing the envelope.
A 'Special Performance Award' comes on top of bonus and salary policies already in place.
'If my younger self had met me today, I would have punched myself in the face'.
A few corners of Wall Street are expecting big bonuses, but for most of the industry it is likely to be a disappointing year.
Wall Street recruiters aim to hire military veterans in a bid to help them adapt to civilian life.
Saudi Arabia is planning to establish a $2tn (£1.4tn) sovereign wealth fund by selling off its state petroleum assets in preparation for a world beyond oil.
There’s always a moment when you know you have reached a certain age: it may be the fact that your kids are now in a school year that you can remember with alarming clarity; it may be that when you fill in an online survey you find yourself ticking the age bracket box that no longer starts with a three.