Morgan Stanley Chief Executive Officer James Gorman pocketed $7.08m from share sales in November, his first since joining the bank in 2006.
Senior Morgan Stanley executives collectively earned about $10.5m over the past week by exercising options and selling shares, with most of them profiting from an election-fueled rally in bank stocks, according to securities filings.
Royal Bank of Scotland has been told by a group of private investors that it will be taken to court over a £1.25bn claim related to its 2008 cash call.
The value of Britain’s top 100 companies came close to an all-time closing high on Tuesday as the stock market benefited from a plunge in the value of sterling.
Embattled German lender Deutsche Bank saw some respite from recent selling on Wednesday after a slew of news helped the stock to push off record lows.
Sports Direct is braced for a fierce investor revolt at the company’s annual shareholder meeting this week as another influential City investor declared it would vote against the reappointment of chairman Keith Hellawell.
'This is an entirely intentional consequence of new regulations'.
The top two executives at ARM Holdings will share a payout of up to £55m when the British microchip designer is bought by Japan’s SoftBank, terms of the sale reveal.