Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.» Read More
The European Central Bank took a "pragmatic and realistic" approach to the euro zone when it cut interest rates last week, UBS CEO Sergio Ermotti told CNBC.
Sergio Ermotti, CEO of UBS, comments on the bank's performance and how it's "extremely happy" with the way it's progressing - especially when it comes to its balance sheet and costs.
Chen Jiahe, Analyst at Cinda Securities tells CNBC's Cash Flow that while change will take a long time, he still likes the China market.
Amid Libor probes big banks are considering banning traders from online chat rooms seen by regulators as venues for collusion and market manipulation.
CNBC's Kate Kelly reports Wall Street is cracking down on the use of instant messaging and chat rooms on the trading floor.
In both the Libor-rigging scandal and the unfolding foreign exchange-fixing investigations, traders’ use of chat rooms seems to have played a key role.
Bank of America asks federal court to drop two government suits accusing it of defrauding investors during the financial crisis.
RSA Insurance said on Friday it had suspended the top executives of its Irish business while it investigates certain issues.
India's move to encourage foreign banks to reposition as wholly-owned subsidiaries may find just a handful of takers, given the regulatory trade-off.
Geoff Raby, Vice Chairman, Macquarie Group China also the Former Australian Ambassador to the PRC speaks about the likely reforms China's leaders may unveil at the Third Plenum.
CNBC's Maria Bartiromo shares her observation on bifurcated retail environments.
New York Fed President Williams Dudley said he's not sure breaking up large banks is the best way to prevent a crisis in the U.S. financial system.
The SEC alleged that RBS misled investors in a financial crisis-era subprime mortgage product.
NYPD has denied that its commissioner, Ray Kelly, was in talks with JPMorgan Chase about a senior role in security at the bank.
Goldman Sachs is being investigated over its currency trading activities, the biggest U.S. investment bank said in a regulatory filing Thursday.
Willem Nabarro, Head of European Equities for Asia at Exane-BNP Paribas explains why he likes Credit Suisse over UBS.
India's central bank unveiled a far-reaching set of regulations to allow foreign banks into the country's protected domestic market. The NYT reports.
A number of finance firms face billions of euros in fines next month from European Union regulators for colluding on global benchmark interest rates.
Morgan Stanley has been asked by the U.K.'s Financial Conduct Authority to provide details in relation to its foreign exchange investigation, according to sources.
As smaller lenders in China go public, Dickie Wong, Executive Director at Kingston Securities explains why he still prefers larger state-owned banks.
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