Morgan Stanley raises CEO James Gorman’s pay to $33 million

Morgan Stanley raises CEO James Gorman’s pay to $33 million

By Anna Domanska - Jan 23, 2021

James Gorman’s salary ($33 million) is comprised of four parts: a base salary of $1.5 million; a deferred equity award...

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Fitch Ratings invests in AI startup to improve bank misconduct detection

Fitch Ratings invests in AI startup to improve bank misconduct detection

By Anna Domanska - Jan 18, 2021

Fitch Ratings, a global leader in credit ratings and research, has inked a partnership with a French artificial intellig...

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Goldman Sachs to concentrate on consumer banking arm Marcus for growth

Goldman Sachs to concentrate on consumer banking arm Marcus for growth

By Anna Domanska - Jan 16, 2021

Goldman Sachs Group Inc. is firming up plans to bolster its consumer banking arm Marcus through acquisitions and concent...

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Bill Gates's Cascade and Blackstone bid for Signature Aviation

Bill Gates's Cascade and Blackstone bid for Signature Aviation

By Christy Gren - Jan 09, 2021

Bill Gates’s Cascade Investment has joined the battle for Signature Aviation, allying with Blackstone to acquire Signa...

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Natixis ends decade-long relationship with H2O

Natixis ends decade-long relationship with H2O

By Christy Gren - Jan 06, 2021

French investment bank Natixis will sell its majority stake back to under-fire H2O Asset Management. ...

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Southeast Asia’s digital powerhouse Gojek and Tokopedia in advanced merger talks

Southeast Asia’s digital powerhouse Gojek and Tokopedia in advanced merger talks

By Christy Gren - Jan 05, 2021

Gojek is in advanced talks about merging with e-commerce leader Tokopedia, ahead of a planned IPO of the combined entity...

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Stock markets end 2020 on a high as the pandemic continues unabated

Stock markets end 2020 on a high as the pandemic continues unabated

By Christy Gren - Jan 04, 2021

The year has seen the longest bull market. Experts predict the upward swing of the stock market in the future. ...

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Revolut faces legal action over a bonus dispute

Revolut faces legal action over a bonus dispute

By Anna Domanska - Dec 29, 2020

A disputed claim over a worker bonus first led to a job action and a court case against the U.K.-based FinTech Revolut. ...

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Better Markets report exposes US banks’ addiction to crime

Better Markets report exposes US banks’ addiction to crime

By Anna Domanska - Dec 24, 2020

Crime spree by Wall Street’s biggest banks is not only ongoing but getting worse, says financial watchgroup group Bett...

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