Barclays Investment Bank Pays Females Half That of Males
February 26, 2018

Barclays Plc pays female employees at its investment bank division just under half as much as male colleagues on average, highlighting the gender imbalances in the industry and the concentration of men in highly paid roles.

The gender pay gap Continue reading

For Chinas Wealthy, Singapore Is the New Hong Kong
February 11, 2018

When more than 80 of China’s wealth managers gathered recently at the Shangri-La hotel on Singapore’s resort island of Sentosa, the chatter during tea breaks kept returning to one theme: Hong Kong is starting to be eclipsed by Singapore as Continue reading

Dropbox Files Confidentially for U.S. IPO
January 13, 2018

Dropbox Inc., the file-sharing private company valued at $10 billion, has filed confidentially for a U.S. initial public offering, people familiar with the matter said.

Goldman Sachs Group Inc. and JPMorgan Chase & Co. will lead the potential listing, Continue reading

Bitcoin Guns For $10,000 as Cryptocurrency Mania Intensifies
December 12, 2017

Bitcoin is showing no signs of slowing down, blowing past $9,000 less than a week after topping $8,000 and now quickly closing in on five big figures.

The price of the largest cryptocurrency by market value is soaring as it Continue reading

The Worlds Biggest Wealth Manager Wont Touch Bitcoin
November 24, 2017

UBS Group AG, the world’s largest wealth manager, isn’t prepared to make portfolio allocations to bitcoin because of a lack of government oversight, the bank’s chief investment officer said.

Bitcoin has also not reached the critical mass to be Continue reading

Barclays CEO Says Bank Must Protect Payments Business From Apple, Amazon
November 5, 2017

Barclays Plc will need to defend its advantages in the payments business from encroachment by technology companies including Amazon.com Inc. and Apple Inc., according to Chief Executive Officer Jes Staley.

“There are some tectonic shifts going on, driven by tech Continue reading

Banks Pine for Loan Growth as Clients Wait on Trumps Promises
October 19, 2017

President Donald Trump’s pledges to overhaul taxes, trade, infrastructure and health care may thrill some corporate leaders, but it’s causing many to delay expansions. That’s bad for banks.

Lending growth probably decelerated for a fourth straight quarter in the three Continue reading