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Barclays to continue to reduce headcount 'at a measured pace'

'The markets are challenging, the capital markets are going through a significant restructuring and banks are also going through a significant restructuring, using more capital, being more liquid, which is all making the financial system much safer but (it) does pose a challenge in terms of profitability'.

Tidjane Thiam

C Suisse in profit surprise

Credit Suisse, the Swiss bank which is in the middle of major restructuring, reported a surprise profit for the second quarter of 2016 on Thursday.

Sad Clown

Clowns out - Send in the bankers

The Big Apple Circus, whose clowns, acrobats and animals performed free for disadvantaged children and the elderly, has folded the tent that has been perched behind Manhattan’s Lincoln Center each holiday season since 1981.

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