Lazard paid Chairman and CEO Kenneth Jacobs $8.5m in 2012, down 5% from the prior year, and set new pay-clawback and other compensation-related policies for its top executives.
Ina Drew, the former Head of the Chief Investment Office, JPMorgan Chase before the U.S. Senate Permanent Subcommittee on Investigations Washington, D.C. March 15, 2013
Hedge fund titan Steven A. Cohen's firm, long the focus of a federal investigation into insider trading, is paying more than $600 million to U.S. securities regulators to settle allegations arising from improper trading in two stocks.
One of the giants of the French legal system was found dead near his private island in Brittany on Sunday morning.
Ina Drew, the former top banker who oversaw JP Morgan's London Whale trading losses, insisted that she was not to blame for the $6.2bn (£4.1bn) black hole that ended her 30-year career.
JP Morgan faced a barrage of criticism on Friday for it disastrous "London whale" trading loss as senators and the bank's regulator accused its executives of believing they were too big to fail, ignoring warnings about the escalating losses and deliberately withholding information.
Sony has revealed insights from its nationwide VAIO Digital Business 2013 report of UK financial sector businesses, showing a ticking data security time bomb created by bring your own device (BYOD) practices, poor security habits and a rebel workforce.
The UK arm of Spanish bank Santander handed 19 of its bankers more than £1m last year, including its chief executive Ana Botín who received £4m.
A US hedge fund has paid a record $600m (£397m) fine to settle claims that it traded on insider information about a dud Alzheimer's drug.
Peter Odemwingie’s latest Twitter antics have effectively ended any chance of a future at West Brom.