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Lower pay in the trading business was blamed for a number of high-profile departures last year

Investment bank launches institute to counsel clients on international affairs and technology

Bank’s Petershill Partners unit reaches deal that values investment firm at more than $1bn

Move accelerates end to career of one of the biggest figures in Tokyo’s financial industry

Bank has tried to build a massive wealth and asset management business that brings in steady fees

Wall Street bank keen to retain its foothold in one of the fast-growing segments of the asset management industry

US bank is second-largest shareholder in Swedish battery maker which filed for Chapter 11 bankruptcy this week

Bank promotes clutch of executives to run banking and trading divisions and reshuffles international arm

Competition heats up as other fund groups are poised to expand product ranges

Wall Street bank is building new unit to service and compete with private investment firms