HSBC has published a full-page advert containing an apology in several newspapers, over claims that its Swiss private bank helped clients evade tax.
Bond traders are vanishing as slumping fixed-income revenues deter the world’s biggest banks from making markets in Europe.
Bank of America has named Mark Davies and Brian Weinstein as co-heads of emerging-market fixed income, currencies and commodities trading.
Yet more tragedy.
HSBC Holdings, Banco Santander, Lloyds Banking Group and BNP Paribas held on to their top positions in SNL Financial's new league table of Europe's 20 largest banks by market capitalization.
Sad to report.
HITC is looking for an internet-obsessed football lover with a wicked sense of humour to create laugh out loud share-worthy content for our social media channels.
The US Department of Justice is scrutinising currency-linked investments marketed by Barclays and UBS in an indication that the sprawling global probe into the foreign exchange market may become more troubling for banks.
BNP Paribas has slashed the bonuses for its top executives to reflect the impact of last year’s $8.9bn fine for US sanction violations that almost wiped out its annual profit.
Morgan Stanley co-head of mergers and acquisitions for EMEA Johannes Groeller is to join Paul Taubman's advisory boutique, a source familiar with the move has told Reuters.
From RBS banker to entrepreneur.
Barclays will shrink its 2014 bonus pool more than 17% to less than 2 billion pounds ($3.1 billion) as the U.K.’s second-largest lender cuts back its investment bank, a person with knowledge of its compensation strategy said.
Next stop Partner ?
Stress is a feeling we have all felt, yet find difficult to describe.
Goldman retains crown, UBS on the rise.
A trio of cross-border M&A deals announced this week pushed the level of announced cross-border deal making to $138.0 billion for year-to-date 2015, a 20% increase compared to a year ago and the best annual start for cross-border M&A since 2007.
2014 will prove to be a tougher year for bonuses for some.
Bank of America CEO Brian Moynihan has been doing a Vikram Pandit - sending 'inspirational' memos to his staff.
He is now said to face 40 years in prison.
Credit Suisse and Deutsche Bank are reviewing junior bankers’ pay in the latest move by investment banks to boost salaries following public and regulatory pressure to reduce lavish bonuses.