Goldman bankers collect best pay packets for a decade
Investment bank spends more than $13bn on salaries and bonuses in 2020 despite the Covid pandemic
Banks and Finance
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Will Big Bang 2.0 reset the City’s financial compass?
As London splits from Europe, Rishi Sunak has his eye on broader horizons and a drive to cut red tape
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Deutsche Bank blow ends Trump’s rocky Wall St relationship
As The Donald prepares to return to his business empire, he does so without the support of America's first-tier banks
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Global markets trapped in ‘rational bubble’ as UK stocks start year with bang
Ballooning valuations risk bursting if economic output cannot catch up with investor optimism, according to Allianz adviser
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JPMorgan posts record quarterly profit and releases $3bn from reserves
Citigroup also releases $1.5bn from a war chest set aside for bad loans while Wells Fargo released just over $750m
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A stronger pound and rising market: the stocks and funds to buy now we have a Brexit deal
A rising pound could allow for foreign investors to back into Britain and push up share prices
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Deutsche and Signature banks cut ties with Trump in wake of Capitol riot
Signature Bank, the New York lender that has long catered to the Trumps, will no longer do business with the outgoing President
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Sunak warns worse on the way as speculation grows over negative rates
But there is good news on Brexit as the Chancellor says London can expect a "Big Bang 2.0"
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Tidjane Thiam joins ‘blank cheque’ rush with $250m Spac
Special purpose acquisition firms have become the in-vogue vehicle for wealthy financiers in recent months
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Negative rates could save jobs and businesses, says MPC member
Silvana Tenreyro says economists have been 'brainwashed' by their training into wrongly thinking rates could not go below zero
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‘Black lawyers like me are a painfully small minority’
Corporate purpose cannot just be about profit, says Segun Osuntokun, who won the top gong at last year’s Black British Business Awards
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JP Morgan set for $31bn profit despite pandemic
Sources said many of the investment bank’s traders will collect a ‘competitive’ bonus at the end of the month
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M&G refuses to return cash from frozen property fund
The FTSE 100 firm raked in £15.4m in fees for managing the fund in the 12 months to September and is refusing to cut its fees further
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Pension superfunds face their moment of truth
Consolidators combine multiple employers’ schemes under one roof and are expected to do their first deals later this year
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Elliott-backed Chetwood hires Rothschild over £100m cash raise
It comes amid a flurry of funding rounds among fintech start-ups, with the Government considering how to buoy the sector
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‘My £110 jeans broke and then Levi lost them and refused a refund’
Has a company treated you unfairly? Our consumer champion, Katie Morley, is here to help
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‘We need to be braver to crack the glass ceiling’, says Kate Grussing
The City has been the last bastion of the white male for far too long, the founder of search firm Sapphire
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'I lost 20pc in 2020 but commodities will return me to profit'
I had one of my worst performances in all the years I have been writing this column last year
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Deutsche Bank to pay over $100m to settle bribery charges
It comes barely four years after the bank paid $16m to US authorities for allegedly hiring unqualified relations of government officials
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One in two hospitality firms on the brink as cash runs out
Three-in-10 fear they will not survive the first three months of 2021, with government support dubbed a 'sticking plaster'
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Debt collectors want to help chase unpaid Covid loans
Credit Services Association claims its members could help recover up to £6bn for the Treasury from defaulting borrowers
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Surge of London floats raises £3.6bn in last quarter
The UK remained third behind the US and China for the number of new listings in 2020
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Who is Richard Sharp? The former Goldman banker set to be next BBC chairman
Mr Sharp once told the Chancellor to avoid politics as he doubted Mr Sunak was equipped for such a "dirty business"
