JPMorgan will let Jamie Dimon collect about $37m in stock options created during the financial crisis, as the board stands by its leader after risk-management lapses and billions of dollars in legal settlements.
The main City regulators have warned former managers of HBOS that they faced possible fines and being banned from the Square Mile after they broadened their investigation into one of Britain's most infamous bank failures.
The City watchdog warned on Friday that banks and building societies could mislead regulators about the risks they pose to the financial system without tougher rules forcing them to keep more reserves.
Shareholders in Banco Espirito Santo were hoping to resolve concerns about the fate of the institution at an extraordinary general meeting on 31 July in Lisbon.
UK taxpayers have paid almost £500,000 in legal fees to defend disgraced former bank boss Fred Goodwin in a case which has not even come to court yet.
'In good times, operate aggressively, but do nothing too risky or arrogant'
Royal Bank of Scotland was asked by investors suing over losses from a 2008 share sale to disclose details of probes by U.K. and U.S. regulators into its near-collapse and $78bn bailout.
An article about the ousting of Stan O'Neal from Merrill Lynch has become one of an estimated 50,000 expunged from certain Google searches.
Like its rivals in Britain, the Royal Bank of Scotland has been unable to escape criticism from shareholders over the amount of compensation that bankers are paid.
Bernard Madoff’s former accountant, Paul Konigsberg, pleaded guilty aiding the biggest Ponzi scheme in U.S. history, a $17.5bn fraud exposed by the 2008 financial crisis.