The pound has sunk to a three-year low against the euro on worries over the UK’s prospects outside the EU, after the government set a timetable for Brexit negotiations and fanned fears it would go for a deal that leaves Britain excluded from the single market.
Wells Fargo is guilty of “egregious corporate behavior”, Hillary Clinton said while speaking at a rally in Ohio on Monday. Her speech came on the same day as Illinois became the second state to cut ties with the bank.
The U.S. Justice Department's potential fine, which could be as high as $14 billion, is just one step in a much more arduous journey, Raoul Pal tells CNBC.
Both players have made a major impact for their clubs this season.
Tottenham fans will be relieved to hear that a key member of their midfield has withdrawn from international duty.
The latest Manchester United transfer news and gossip.
The technology IPO market seems to be returning to life. Nutanix more than doubled in its IPO Sept. 30, the first time that's happened in over a year.
Cairn Capital hired Asif Godall as deputy chief investment officer, according to a statement from the London-based credit investment firm.
Legal action on behalf of over 100 small businesses which claim RBS drove them into the ground for its own gain is set to launch early next year, it has been confirmed today.
The biggest asset management deal since the Brexit vote, bringing together Anglo-Australian group Henderson and Janus Capital of Denver, is to have its headquarters in London in a signal that the City remains at the heart of the world’s financial system.
A bubble in the bond market is nearing a “dangerous situation” as asset-buying programs by central banks keep pushing up prices, Aberdeen Asset Management Chief Executive Officer Martin Gilbert said.
Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years.
Bank of America agreed to pay a total of $15.5m in fines to settle charges by U.S. regulators and exchanges that lapses in its Merrill Lynch unit's risk controls disrupted trading in 15 stocks, leading to "mini-flash crashes."