Yang Zhizhong, the former Asia ex-Japan chairman of investment banking at Nomura, is seeking $4m in damages from the Japanese brokerage claiming he was unfairly dismissed.

Goldman Sachs lost its two most-experienced trading leaders as the bank’s senior ranks feel the ripple effects of an expected succession at the top.

'We’re going to see a significant increase in M&A', including larger deals.

A woman who says she was fired from Morgan Stanley without explanation 22 days after maternity leave wrote an open letter to the bank’s chief asking to be released from binding arbitration, so she can sue the firm.

The bank could cut hundreds or even thousands of jobs at its global banking and investor solutions unit.

Victims of Bernard Madoff’s Ponzi scheme are set to begin 2018 with new checks totaling $584 million from the trustee unwinding the con man’s company, boosting total payouts to almost $11.4 billion.

Mitsubishi UFJ Financial Group's main banking unit has shifted its global headquarters for financial crimes compliance to New York from Tokyo, as it steps up its drive to combat illegal transactions, according to people familiar with the matter.

Deutsche Bank CEO Christian Sewing played down the prospect of a merger with local rival Commerzbank AG, saying cross-border deals offer the best future for European banks.