Pay for bankers and traders had been weighed down by higher interest rates and economic uncertainty.
Hong Kong's Hang Seng tumbled 2.5% as of 0200 GMT, with a sub-index of mainland Chinese property shares tumbling 3.9%.
Volatile markets excite traders because they create opportunities to exploit the moves.
U.S. stocks are ticking higher ahead of the Federal Reserve’s announcement coming later in the afternoon about what it will ...
Deutsche Bank believes the consumer price index will tick down from last month to 0.26%, which would keep the year-on-year ...
Wall Street companies are anticipated to offer larger bonuses this ... Market turbulence and bullish stock performance are ...
Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.
Wall Street traders who threw caution to the wind by lavishing billions of dollars on a slew of ETF bets that would win big ...
Investment bankers, traders and asset- and wealth-management professionals are all poised to see increases reaching into the ...
Wall Street is still on edge ahead of Tuesday’s U.S. election. But some traders appear to be getting a head start on bets that a relief rally will take hold once the vote tallies are known.
The US dollar’s rally is gaining momentum alongside Donald Trump’s threat of sweeping tariffs, leaving currency strategists in agreement it has further to rise while war-gaming just how far it will go ...
Much has been made of the elevated readings on the Cboe Volatility Index over the past month or so. But how does Wall ...