Bloomberg Top investment bankers in Asia ex-Japan at Wall Street’s biggest firms are having their worst payouts since the financial crisis more than a decade ago. On average, managing directors at banks including Goldman Sachs Group Inc., Morgan Stanley and Bank of America Corp. (BofA) have seen their total compensation drop by 40% to 50%, with payouts for senior ...

Bloomberg Pakistan’s rupee slumped to a fresh record ahead of a visit by the International Monetary Fund (IMF) team for negotiations over the resumption of its $6.5 billion bailout program. The rupee fell for a sixth straight day, according to data compiled by Bloomberg. It traded as low as 269 per dollar on Monday, according to the foreign-exchange desk at AKD ...

  Bloomberg Bank of New York Mellon Corp. (BNY) wants to do money managers’ trading for them with a new outsourcing service aimed at helping buy-side firms cut costs. The move builds on the trading that BNY Mellon already handles for $1.8 trillion of assets it manages, the firm said in a statement. The bank will target current and prospective ...