Senior Middle East reshuffle at UBS raises questions over investment bank

Senior Middle East reshuffle at UBS raises questions over investment bank

Internal reshuffles at UBS in the Middle East suggest that the bank may be moving away from investment banking in the region and shifting its attention to wealth…

Bankers at Credit Suisse earn 40% more than at UBS. There’s a catch

Bankers at Credit Suisse earn 40% more than at UBS. There’s a catch

If you're a senior banker with a thing about big pay and big Swiss banks, today's Credit Suisse annual report and compensation supplement make it clear that there's…

Jamie Dimon Still the Coolest CEO on Wall Street

Jamie Dimon Still the Coolest CEO on Wall Street

J.P. Morgan Chief Executive Jamie Dimon doesn’t get much love from the press, regulators or lawmakers in Washington. He’s even been accused of misleading investors in the past.…

Hedge Funds, Trading Houses Picking Off Disgruntled Commodity Traders

Hedge Funds, Trading Houses Picking Off Disgruntled Commodity Traders

With large banks cutting commodities trading operations, top performing traders are finding jobs at hedge funds and other trading houses. But they face big culture changes at their…

Daily Dispatches: Firing people in China makes them very angry

Daily Dispatches: Firing people in China makes them very angry

Foreign finance firms in China have traditionally faced a tricky job market. A crippling talent shortage means employees can jump ship to competitors more easily than in developed…

Rich Ricci cashes in as angry Barclays’ bankers drown in sanctimony

Rich Ricci cashes in as angry Barclays’ bankers drown in sanctimony

Figures released from Barclays yesterday showed that Rich Ricci, head of the Barclays' investment bank, is still doing very well. Ricci made a £17.6m ($27m) windfall from selling his…

Scottish fund managers to hire hundreds globally as assets reach $890bn

Scottish fund managers to hire hundreds globally as assets reach $890bn

On the back of a surge in assets under management last year, Scotland’s largest fund managers are embarking on recruitment sprees that could see hundreds of staff recruited…

Boss’s Pay Package Leaves Barclays’ Investment Bankers Stunned

Boss’s Pay Package Leaves Barclays’ Investment Bankers Stunned

Investment bankers at Barclays have been grumbling about their lack of compensation for well over a year. It likely came as a frustration then to see their boss,…

The one area of finance where the bonus Wild West still needs to be tamed

The one area of finance where the bonus Wild West still needs to be tamed

The EU has now pushed through its banking bonus cap, but there’s still one place in the financial sector where all-cash bonuses are commonplace, and golden hellos and…

Banker pay can rise 17 percent after earning executive MBA

Banker pay can rise 17 percent after earning executive MBA

Stuck in the same job for ages? You might ask your employer to help finance an executive MBA in the hope it will pull you up the career…

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