The investment bank compensation process is as much ritual as reckoning — a yearly exercise in hope, dread, and, for some, quiet fury. But while everyone’s sweats over their number, few stop to ask how it’s calculated. Here’s a blow-by-blow breakdown of what really happens behind closed doors

How can I rise above the persistent short-termism on my desk?

If bankers face tough rules over personal investments, shouldn’t politicians too?

Make their weakness your strength, but find your future fiefdom

As revellers made merry over the holidays, one group of people were already thinking ahead to the new year in a cold sweat

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