Citigroup Inc. cut payouts to hundreds of top executives in the final round of a three-year special bonus program.
Stifel Financial has suffered another significant setback in Finra arbitration, marking a costly defeat for the firm.
Wall Street heavyweight Morgan Stanley is planning to lay off about 2,000 employees later this month, a person familiar with the matter told Reuters.
His six sibling will have to wait to access the money until some rejected claims go through the appeals process.