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The board of Goldman Sachs has reportedly discussed a succession plan that could see President and COO John Waldron eventually become Chief Executive Officer….

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New analysis suggests that Citigroup’s 2026 workforce reductions have been broader and more frequent than initially understood. The cuts have reportedly…

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Asian equity markets fell sharply after stronger-than-expected U.S. inflation data increased expectations that the Federal Reserve could raise interest…

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India’s government bond market is coming under pressure as investors increasingly expect further monetary tightening from the Reserve Bank of India…

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A sharp selloff in the U.S. bond market and elevated interest-rate volatility weighed on fixed-income trading performance across several major Wall Street…

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Multi-strategy hedge fund Verition Fund Management has seen at least five macro traders depart in recent months, including former Nomura rates traders…

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UK hedge funds, banks and industry groups have voiced strong opposition to government proposals that could significantly restrict or even ban non-compete…

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Asset managers are significantly increasing spending on AI-powered research and analytics tools, but without meaningfully expanding their overall research…

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Investment banks are intensifying efforts to recruit experienced M&A bankers as a surge in UK takeover activity fuels demand for dealmaking talent….

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HSBC will phase out fixed-pay allowances from January 2028, following UK regulatory changes that removed the cap on bankers’ bonuses. The bank said…

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Natixis CIB has appointed Cyril Dissescou as Co-Head of Energy Transition & Natural Resources (ETNR) for Asia-Pacific and the Middle East. Based in…

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Ping An Digital Bank, a subsidiary of Lufax Holding and a member of Ping An Insurance Group, has expanded into high-end wealth management through the launch…

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