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1,000 staff face cuts to variable compensation, with board member bonuses wiped out entirely

The Swiss government slashed bonuses for top managers at Credit Suisse by tens of millions of dollars, after the lender’s implosion and $3.2bn 

The Swiss Federal Council said it would wipe out all outstanding variable remuneration for Credit Suisse’s executive board.

Credit Suisse executives lose millions in bonuses as Swiss government wields axe

Quentin Webb

Credit Suisse

Citigroup said to plan fewer promotions in cost-cutting drive

HSBC sustainability chief to exit in latest senior management changes

UniCredit bids €10.1bn to buy rival Banco BPM amid Commerzbank talks

Proskauer Rose hires John Goldfinch after A&O Shearman drink-driving exit

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US law firm adds finance partner after A&O Shearman departure

Trading Places: Goldman’s ECM shake-up, Latham’s latest raid

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Find out who is on the move in the City and beyond this week

Sidley Austin raids Latham & Watkins for 10-lawyer team in London

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Internal company documents describe the bank’s weak anti-money-laundering controls and failure to complete due-diligence reviews as staff expressed alarm: “We need to kill this.”

How Morgan Stanley Courted Dodgy Customers to Build a Wealth-Management Empire

Brokerages seeking to meet the growing global appetite for U.S. stocks are extending their timetables.

Welcome to the World of 24-Hour Stock Trading

Donald Trump’s pick for Treasury secretary has been a fierce defender of his activist approach to trade.

Scott Bessent Sees a Coming ‘Global Economic Reordering.’ He Wants to Be Part of It.

Green industrial policy is failing in Europe, a warning to the next Trump Administration.

Northvolt’s Bankruptcy and the EV Crash

Atos has received a non-binding offer from the French government to acquire its advanced computing activities for an enterprise value of around $521 million.

Atos Jumps on French State Bid for Advanced Computing Business

Atos Shares Jump on French State Bid for Advanced Computing Business

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