RBS risks losing out

RBS building

Royal Bank of Scotland CEO Ross McEwan risks losing some of the U.K. clients he wants to prioritize as a result of his global retreat, according to a study of the lender’s British customers.

Citi's Buiter: World faces recession next year


The global economy faces a period of contraction and declining trade next year as emerging nations struggle with tightening monetary policy, according to Citigroup's Chief Economist Willem Buiter.


Barclays Canary Wharf

People News - Barclays, Deutsche, RBS, HSBC

Barclays has appointed Ben Davey chief strategy officer of the investment bank in London, according to an internal memo seen by Bloomberg, as Britain’s second-largest bank seeks to bolster returns at the unit.