BNP Paribas has slashed the bonuses for its top executives to reflect the impact of last year’s $8.9bn fine for US sanction violations that almost wiped out its annual profit . . .
TheCityUK’s new London Employment Survey, released Monday, shows that the financial and related professional services industry has continued its strong recovery. . .
German and British regulators are examining Deutsche Bank’s systems and controls as questions have again arisen about the German lender’s reporting procedures. . .
The Financial Reporting Council (FRC) has noted many improvements in its recent report on compliance with UK Corporate Governance Code and increasing numbers of signatories to the Stewardship Code, however there are still areas for improvement, it warns . . .