HSBC has given 15 of its top bankers “fixed pay allowance arrangements” worth £7.1m under a controversial new pay scheme designed to dodge tough new European Union rules on bankers’ bonuses.
HSBC is one of the largest banking and financial services organisations in the world.
A senior executive at Standard Chartered bank has complained that bankers are being treated "like criminals" when money laundering rules are broken.
A surge in activity across the US services sector in July fuelled by spending on new homes put the economy on track for a strong second half of 2014, according to a business survey.
Douglas Flint, the chairman of HSBC, clearly thinks he is the new Winston Churchill.
As we are constantly being approached by people looking to gain graduate entry into financial markets firms, we've come up with this directory.
Wall Street firms led by Goldman Sachs are close to buying a stake in chat and instant messaging startup Perzo in pursuit of an alternative to a similar application from Bloomberg, sources familiar with Goldman's plans said.
UBS is considering buying a wealth-management firm in Brazil as it seeks to expand that business sevenfold by 2020, said Sylvia Coutinho, chief executive officer of the lender’s Brazil unit.
HSBC, Europe's largest bank by assets, posted another fall in pre-tax profit on Monday as the bank continues the second phase of its turnaround plan.
For many in the City, the international banks HSBC and Standard Chartered will forever be linked.
The chairman of HSBC is calling on the government to temporarily delay new rules intended to make the banking industry less vulnerable to crisis.
UBS AG plans to cut about 80 to 90 jobs in its European investment- banking division as part of a global revamp, according to two people familiar with the matter.
The Sunday Times/ Starmine 2003 analyst of the year awards have been published. Most firms in the industry agreed to participate in the research, which focused on analyst stock recommendations and the accuracy of earnings forecasts during 2003. Detailed below are the individual and firm league tables.
Credit Suisse has named Tibor Kossa the head of mergers and acquisitions for Germany and Austria.
Hot on the heels of the announcement that JPMorgan has spurned Canary Wharf and has chosen the 'Square Mile' for its new European HQ (St Alphage House in London Wall), most of the interest centres around the fact that, of the 1 million square feet that makes up the new building, there will be four giant trading floors of some 72,000 square feet each.
More than a fifth of HSBC's shareholders opposed the bank's pay policy on Friday in the latest show of anger that banks have not reined in bonuses enough in the wake of the financial crisis.
Thomas Montag, President, Global Banking and Markets at Bank of America Merrill Lynch.
Here's the latest on the 'movers and shakers' front.
Just what do corporate brokers do ? How do you measure what they bring to a firm ? And why are they suddenly all the rage ? Good questions - but no-one is really sure of the answers.
HSBC has appointed Simon Cooper a Group Managing Director and Chief Executive of Global Commercial Banking, effective 1 October 2013.
Listed below are the Top 20 investment managers of the Top 500 UK charities (trusts and fundraising charities combined):