Landmark buildings such as the head office of Coutts, the bank used by the Queen, are being prepared for sale as property funds look for ways to raise billions of pounds to meet the demands of investors who want their money back after the UK voted to leave to the EU.
Sterling tumbling, gilt yields at near record lows, balance of payments dire, business confidence flatlining: no wonder Mark Carney brought the eleven horsemen – and women – of the apocalypse with him to the Treasury select committee.
Citibank is shutting down certain accounts in Venezuela, much to the chagrin of the country's president.
'The right thing to do'.
'We are exactly where we should be to face the environment that we have'.
Bank of America said a Managing Director who accused the bank of being a "bro’s club" and filed a gender-bias lawsuit only came up with the inflammatory term after meeting with her lawyers.
Chef Stephen Harris describes his restaurant, the Sportsman, as a grotty seaside pub. It's in a former hotel on the Kent coast. The nearest neighbour is a run-down caravan site.
The bloodletting at Goldman Sachs got worse.
Brexit has dramatically reduced the likelihood of another Fed rate hike, and that means U.S. banks will face continued pressure, Sheila Bair says.
Barclays will reduce office space at its loss-making Japanese securities unit to trim expenses after cutting jobs earlier this year.
German lender Deutsche Bank sought to reassure investors on Monday, telling CNBC that its chief executive hadn't asked for government assistance in its negotiations with the U.S. Department of Justice.
HSBC is seeking to release billions of dollars of capital tied up in the United States without upsetting the country's politicians and regulators, senior sources at the bank said.