For a number of hedge fund managers and traders, playing chess well has been among their better career moves.

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DealBook: Good at Chess? A Hedge Fund May Want to Hire You

A 31-year-old man who works for Switzerland’s largest bank was arrested Thursday morning in London on suspicion of fraud.

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DealBook: UBS Reports $2 Billion Loss by Rogue Trader

UK banks should ring fence their retail banking divisions to protect them from riskier investment banking arms, a government-backed commission says.

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Banks face major reorganisation

After spending years as one of Wall Street’s lowest paid chief executives, Vikram S. Pandit received a $22.5 million retention package that could catapult him to the top of the list.

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DealBook: Pandit’s $22.5 Million Bonus From Citigroup

HSBC said on Monday that profit rose 58 percent in the first quarter after the quality of its loan portfolio improved.

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DealBook: HSBC Profit Up 58%

JPMorgan Chase kicked off bank earnings season on Wednesday, reporting first quarter profit of $5.6 billion, even as problems in its mortgage lending business continued to mount.

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DealBook: Quarterly Profit Surges 67% at JPMorgan

UK banks’ retail operations should be “ring-fenced” from their investment banking arms, the Independent Commission on Banking recommends.

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UK retail banks ‘need protecting’

Goldman Sachs experienced a slowdown in many divisions, and quarterly earnings fell 53 percent, to $2.39 billion, or $3.79 a share.

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DealBook: Goldman Quarterly Profit Drops 53%

The rosy report kicked off banks’ earnings season Friday, paving the wave for the company to restore its dividend.

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DealBook: JPMorgan’s Quarterly Profit Rises 47%

While the firm’s headline numbers beat estimates, expectations have been fading for weeks over a quarter that saw bond and equity markets fall.

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DealBook: Goldman Sachs Tops Estimates in a Weak Third Quarter

Banks like JPMorgan Chase offer to help big investors like pension funds earn a little extra. When it works, both win. When it doesn’t, only the client loses.

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House Advantage: Banks Shared Clients’ Profits, but Not Losses

Business Secretary Vince Cable expresses “worry” about the combination of High Street banks with investment banking, after Bob Diamond is named as Barclays’ new boss.

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Cable worries over ‘casino’ banks