Stronger than expected earnings add to hopes of a ‘soft landing’ for economy
Net income outstrips expectations despite hit from retail banking retreat
Moves to cap weekly hours for entry-level bankers butt against reality of competitive industry
New chief Georges Elhedery is working on restructuring that could save as much as $300mn
Co-heads of British lender’s investment banking arm seek to reduce reliance on debt underwriting
Handful of secretive businesses including Jane Street and Citadel Securities have seized market share from the old guard
US lender seeks to win back business from asset managers that have targeted traditional banks’ most lucrative clients
Paul Taubman advisory firm to buy former Morgan Stanley banker May Nasrallah’s deNovo Partners
Appointment comes as industry’s working conditions come under fresh scrutiny
Bespoke banking can never be nine-to-five
Banking giants expect low or falling third-quarter growth
What is the truth behind the inequality campaigner’s Citigroup memoir?
Jumbo fee comes as Wall Street hopes long-awaited deal boom is back
Opaque payment relating to China Renaissance chair Bao Fan leaves auditors wondering how to account for it
Bank has stepped up attempts to win back hedge fund business after Archegos-induced caution
Arizona Beverages says adviser wrongly shared a contract critical to its ability to sell 99 cent drinks
Swiss lender steps up integration of former rival Credit Suisse
‘Material risk takers’ will be eligible for awards of up to 10 times their fixed pay
Reaction to forecasts by the bank point to the political sensitivity of research in the country
Germany’s largest lender pauses buybacks after legal charge tied to acquisition of Postbank
France’s biggest bank reports revenue surge after election volatility and an ECB rate cut propelled client demand
Goldman Sachs, JPMorgan Chase, Morgan Stanley, Bank of America and Citigroup reported $8.2bn in fees
Bank reports 40% rise in quarterly profits but wealth unit struggles to attract assets with interest rates higher
Banking returns were superior at the time of its IPO 25 years ago
US investment bank’s results also helped by stronger performance from equities and fixed-income trading