HSBC, Goldman Sachs, Morgan Stanley and Standard Chartered reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters.

Oil prices jumped more than $5 a barrel on Monday's open, jolted by a surprise announcement by OPEC+ to cut production further in an effort to support market stability.

Recent advances in technology have taken the world by storm, with companies launching their own versions of artificial intelligence apps for different tasks.

The Bank of England (BoE) raised interest rates for the 11th time in a row on Thursday, but said a surprise resurgence in inflation would probably fade fast, prompting speculation it had ended its run of hikes.

There is more transparency around gender pay gap reporting, which will help address the gap. However, pay differences persist in both the US and the UK.

Goldman Sachs expects a commodities supercycle driven by China and the capital flight from energy markets and investment this month after concerns triggered by the banking sector, the U.S.

Traders and economists remain split on whether the Federal Reserve will raise its benchmark policy rate on Wednesday.

Oil prices rose on Monday after suffering their biggest weekly loss in months as UBS struck a deal to buy Credit Suisse and some of the world's largest central banks sought to reassure and stabilise global financial markets.

Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG.

Goldman Sachs, Morgan Stanley and at least two other banks expect the European Central Bank to deliver a smaller quarter-point hike in May, as it grapples with stress in the banking sector and high core inflation.

Emergency measures by the Fed and the U.S. government on Sunday to guarantee bank deposits have failed to reassure markets after Silicon Valley Bank and Signature Bank collapsed.

Government bond yields fell on Monday as investors rushed into safe-haven assets while assessing the possible fallout from Silicon Valley Bank's (SVB) collapse amid bets on less aggressive tightening from the U.S.

Two years after inflation began its rapid ascent, investors, economists and policymakers remain divided on the path ahead.

Arm Ltd, the British chip designer owned by Japan's SoftBank Group Corp, is likely to aim to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market launch.

U.S. prosecutors on Friday urged a judge to sentence former Goldman Sachs banker Roger Ng to 15 years in prison after he was convicted of helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund.

Goldman Sachs Group Inc would aim to grow fees from asset and wealth management and try to make profits from a newly-created unit, the investment bank said on Tuesday, laying out its key priorities at the start of its second investor day.

A set of bumper earnings reports from the likes of Baidu Inc and other Chinese internet giants isn't impressing hedge funds and other investors who have cut exposure to the stocks and seem to be waiting for more good news.

The main U.S. stock indexes were on track for a mixed open on Tuesday as Treasury yields resumed their gains on bets of more interest rate hikes from the Federal Reserve.

British banks face a tougher battle for mortgage customers and business borrowers in 2023, as rising costs and deposit rates paid to long-suffering savers threaten to outpace flatlining profit margins, senior industry executives and analysts said.

Administrators of Sova Capital, a collapsed London broker formerly controlled by Russian banker Roman Avdeev, are seeking UK court approval to sell a pile of Russian securities to Avdeev in a complex and novel attempt to shift illiquid Russian assets.

Europe's main stock markets steadied Monday after record highs for London and Paris last week as investors bet on prospects for a brighter economy despite lingering recession risks caused by high inflation.

Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living.

Goldman Sachs said it was expecting the U.S. Federal Reserve to raise interest rates three more times this year by a quarter of a percentage point each, after data this week pointed to persistent inflation and resilience in the labor market.

Bloomberg's Mark Gurman has revealed why Apple's financial services aren't likely to see the light of day anytime soon.

A look at the day ahead in Asian markets from Jamie McGeever.

Global hedge funds posted a solid 2.8% gain in January, but they missed out on the stellar rally that broader stock market indexes posted to start the year because the funds were mostly positioned for a continued bear market, data provider HFR said on Tuesday.

Oil prices rose for a second day on Tuesday on supply concerns after an earthquake shuttered a major export terminal in Turkey and a field in the North Sea shut unexpectedly, while demand in China, the world's biggest importer, looks set to increase.

Public Storage, the largest U.S. operator of self-storage properties, on Sunday unveiled an $11 billion hostile bid for Life Storage Inc, ratcheting up attempts to buy its smaller rival after its earlier takeover attempts were rebuffed.

To listen to Goldman Sachs Group Inc chief executive David Solomon, the bank is doing "great," while skeptical investors wonder what comes next.

European shares slipped on Tuesday, taking a breather from their sharp rally since the start of this year, after China posted its weakest annual economic growth in nearly half a century, stoking investors' fears of an economic slowdown.