GQR Global Markets has been named the Best Front Office Recruitment Firm 2014 by website HITC.
Morgan Stanley posted wealth management results for the second quarter just a hair's breadth short of a key profitability target it set for the end of 2015, but bank executives remained concerned about the high costs of recruiting brokers.
Royal Bank of Scotland is winding down a distressed-debt unit as it scales back its investment bank to revive profitability, according to three people familiar with the matter.
Deutsche Bank and four Euribor rate submitters the lender fired last year agreed to enter court-monitored mediation to resolve the dispute.
Royal Bank of Scotland Chief Executive Officer Ross McEwan said the foreign-exchange market scandal could be more expensive to the banking industry than Libor or improperly sold loan insurance.
JPMorgan will let Jamie Dimon collect about $37m in stock options created during the financial crisis, as the board stands by its leader after risk-management lapses and billions of dollars in legal settlements.
Worldwide M&A activity totals $2.0tril, up 75% compared to YTD 2013
She's dyed her hair every colour under the sun and tried hundreds of different jobs, but no matter how many makeovers Barbie has, her playroom star power continues to wane.
Ken Griffin defended the industry as one that has helped market participants and lowered costs.
A 2010 hacking attempt against the Nasdaq appears to have been the work of an as-yet unidentified "nation-state," according to a new report.
Royal Bank of Scotland is to take a financial hit of nearly £7bn after announcing a string of charges for legal bills, compensation and a payment to strengthen its pension fund.
A former senior trader at Royal Bank of Scotland who lost his job amid the currency market rigging scandal, won part of an employment lawsuit but received no compensation because a London judge said he would have been fired anyway.
Aberdeen Asset Management chairman Roger Cornick is to retire at the end of the financial year, the group said this morning, as it warned on the outlook amid ongoing market volatility.