Three years ago, former Goldman Sachs investment banker Frank Yeung issued an ominous warning to investment bankers: if you stay in the industry for too long, you get trapped there.
Bank of America agreed on Friday to pay $39m to women who worked in its Merrill Lynch brokerage operation, another costly settlement of a discrimination case filed by its employees.
The Treasury pushed Stephen Hester out of his job as chief executive of Royal Bank of Scotland to cut the cost of his pay-off from the state-backed lender, according to a new book.
Mark Schwartz, chairman of Goldman Sachs' Asia-Pacific operations, bought a rare free-standing mansion on Manhattan’s Upper West Side for $14m.
Morgan Stanley CEO James Gorman said there’s almost no chance of another financial crisis like the one that endangered his firm five years ago.
The pay of partners at PwC, one of the UK's leading advisory firms, has returned to pre-banking crisis levels with the average profit per partner rising to £705,0000 in the current financial year.
Former SAC Capital Advisors LP manager Mathew Martoma, who faces trial in November on insider trading charges tied to illicit tips on an Alzheimer’s drug, got some of his information from New Jersey physician Joel Ross, two people familiar with the matter said.
Apple's invitation to an event at its Cupertino headquarters on Tuesday promises to "brighten everyone's day". Shown via satellite link in Europe it will, for the first time, also be shown to a select group of guests in China.
Liverpool, Manchester City, Tottenham Hotspur, Everton, Southampton, Manchester United, Chelsea and Arsenal players feature in the list compiled by Spanish newspaper 'Sport.'