I’ve spent decades working towards the moment when I’d retire from my high-powered job in finance. Now what?
JPMorgan chief tells the FT that Washington and Beijing ‘should engage’ as tariffs escalate
European Banking Authority says variable pay for some staff has risen to more than €1mn
Banks have gained from surge in volumes amid market gyrations
Markets are in a tailspin, making a return to the old cyclical highs much more elusive
Market volatility expected to drive bumper quarter in trading while depressing M&A and IPO revenues
An ECM Cinderella story
The bank’s integration of Credit Suisse is going well. It’s everything else that’s the problem
HSBC’s sacking of bankers without a payout is part of a wider reset of incentives
Lender is taking a tougher approach to costs under new chief executive Georges Elhedery
Considering its quirks, it is no surprise the firm is seen as a harbinger of the market’s fortunes
Hopes of Trump administration unleashing ‘animal spirits’ yet to materialise
Lender seeks to alleviate concerns that its size could pose risk to country’s economy
Chief executive Christian Sewing says German lender needs to ‘turn around ship’ in its retail division
Many on Wall Street regard John Waldron as heir apparent to David Solomon. But a coronation may lead to an exodus of talent
Everything’s fantastic and nobody’s happy
Quartet collectively received $126.5mn for their work in 2024 as overall employee remuneration rose more modestly
Plus, inside Donald Trump Jr’s web of lucrative investments and the German defence company flourishing from Europe’s security concerns
Court rules advisory boutique played role in merger between Canadian miner and Randgold
A public trial offers a rare peek into one of Wall Street’s top boutique investment firms
The saga of a rainmaker’s termination for allegedly poaching colleagues has dragged on for a decade
Our annual survey of FT readers shows bonus payouts are on the rise, but so too are tax concerns and school fees
German lender has bulked up on back-office staff who do not generate revenue
CEOs at US bank’s Wall Street rivals were given heftier pay packages
UK bank also provisions £90mn for potential car finance mis-selling costs