Here's the latest:
A little-known New Zealander appears poised to take on one of the highest profile roles in UK banking by becoming chief executive of the bailed-out Royal Bank of Scotland.
Money laundering complaint could lead to seizure of SAC Capital's mega money hedge fund.
BNP Paribas said it already meets more stringent global standards on leverage and doesn’t plan further asset cuts.
Allen Stanford - who has at one time or another been represented by 18 different attorneys - has decided the best person for the job is himself. Stanford, who has no legal training, says he is invoking his right to represent himself.
RBS becomes a headache for Citi.
French banking group Societe Generale reported forecast-beating second-quarter earnings on Thursday which more than doubled from the same period a year ago, despite tough conditions in Europe.
Barclays' cash call on Tuesday, aimed at boosting its capital strength and meeting another hefty mis-selling charge, could bode ill for other U.K. banks such as Lloyds, analysts said.
Sad to report.
The head of Citigroup's Asia Pacific prime brokerage, Hannah Goodwin, is retiring after more than eight years at the U.S. bank, two sources familiar with the matter said and Citigroup confirmed.
The cost of renting office space in the tallest buildings in London has surged almost 11 percent in the last six months, as construction of a number of high-profile skyscrapers have been completed and occupancy rates are at multi-year highs.
Glencore's plan to knock $10.2 billion off its debt pile is achievable, the president of Rusal — the Russian metals producer which has pulled off its own massive debt cut — told CNBC.
HSBC’s London investment banking division is cutting pay by 10 percent and enforcing a two-week unpaid leave for hundreds of workers.