Morgan Stanley raises CEO James Gorman’s pay to $33 million
James Gorman’s salary ($33 million) is comprised of four parts: a base salary of $1.5 million; a deferred equity award...
Fitch Ratings invests in AI startup to improve bank misconduct detection
Fitch Ratings, a global leader in credit ratings and research, has inked a partnership with a French artificial intellig...
Goldman Sachs to concentrate on consumer banking arm Marcus for growth
Goldman Sachs Group Inc. is firming up plans to bolster its consumer banking arm Marcus through acquisitions and concent...
Bill Gates's Cascade and Blackstone bid for Signature Aviation
Bill Gates’s Cascade Investment has joined the battle for Signature Aviation, allying with Blackstone to acquire Signa...
Natixis ends decade-long relationship with H2O
French investment bank Natixis will sell its majority stake back to under-fire H2O Asset Management. ...
Southeast Asia’s digital powerhouse Gojek and Tokopedia in advanced merger talks
Gojek is in advanced talks about merging with e-commerce leader Tokopedia, ahead of a planned IPO of the combined entity...
Stock markets end 2020 on a high as the pandemic continues unabated
The year has seen the longest bull market. Experts predict the upward swing of the stock market in the future. ...
Revolut faces legal action over a bonus dispute
A disputed claim over a worker bonus first led to a job action and a court case against the U.K.-based FinTech Revolut. ...
Better Markets report exposes US banks’ addiction to crime
Crime spree by Wall Street’s biggest banks is not only ongoing but getting worse, says financial watchgroup group Bett...
