Barclays probe to be continued

Barclays Sign

Barclays will learn whether fraud prosecutors intend to file charges related to its $10.2bn fundraising from Middle Eastern investors by early next year, lawyers for the Serious Fraud Office told a London court.

Trading rooms are depressingly quiet

Public Library

Quiet trading floors are set to depress global investment banks’ second-quarter revenue 24%, with the underwriting and equities businesses facing the biggest drops, according to analysts at JPMorgan Chase & Co.

2016 front office bonus blues

2016 Calendar

Bonus pools could decline by as much as 20% for some Wall Street workers this year, with incentive pay falling at almost every type of financial-services firm, according to compensation consultant Johnson Associates Inc.


HSBC Canary Wharf corner

Top 50 European banks by total assets

HSBC remains atop SNL Financial's ranking of Europe's 50 largest banks by total assets for the third successive year, although its position was distorted by the fall in the euro against the dollar and other major currencies.