Ernst & Young, one of the 'Big Four' accountancy firms, is set to hire 3,700 people in Britain alone by the end of June 2014 to satisfy growing demand for business advice, the Times reported on Sunday
JPMorgan spent nearly a billion dollars settling charges related to the "London Whale" debacle, but that doesn't mean it's out of the woods yet.
He is in his early 40s, non-English and prone to self-deprecating chuckles. At his suggestion we meet at a posh hotel in the Mayfair area, home to many hedge funds.
Nomura has officially opened its Americas headquarters located at Worldwide Plaza in Midtown Manhattan, New York City.
It's shaping up to be a busy week for initial public offerings: at the NASDAQ alone, for example, there are seven.
Two former employees of Barclays have signed deals with the US Department of Justice as part of its probe into alleged Libor manipulation, underlining the thrust of the worldwide investigation that is expected to yield more criminal charges against individuals over the next month.
Barclays has said that Emmanuel Fievet, head of wealth management for the U.K. and Europe, has left the company and will be replaced by Henry Fischel-Bock.
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Police have arrested eight men in connection with a £1.3m theft by a gang who remotely took control of the computer system of a Barclays bank branch.
Too big to manage? Too big to regulate?
Tullett Prebon has said it will acquire Icap’s global interdealer broking business for £1.1bn in an attempt to combat falling profits in a sector struggling from shrinking trading volumes.
At an event honoring Warren Buffett's 50 years at Berkshire Hathaway, Bill Ackman openly criticized Buffett for his stake in Coca-Cola.
George Osborne has said City fraudsters should receive the same treatment as shoplifters as he joined forces with the governor of the Bank of England, Mark Carney, to promise the public that the scandal-hit financial sector was being cleansed of wrongdoing.