The owners of the Pacific Investment Management Company (Pimco) gave an optimistic outlook for the asset management firm on Friday, expecting it to see a halt in net outflows in the second half of this year.
Royal Bank of Scotland is yet to decide whether to pass on the Bank of England’s cut in interest rates to its borrowers in a move that risks a row with its governor, Mark Carney.
Royal Bank of Scotland (RBS), one of the U.K.'s "big four" banks, posted a massive £2.045 billion ($2.7 billion) net loss for the first six months of 2016 on Friday.
Jim Cramer spoke with Phil Knight on Nike’s rise to the top, and how he succeeded in the face of adversity.
The former Barclays chief Antony Jenkins is to take his first corporate directorship since leaving the banking group 13 months ago.
JPMorgan said U.S. and U.K. authorities ended probes into its activities involving Libor and other benchmark rates without issuing fines, allowing the bank to escape the scandal lightly compared to other firms.
Standard Chartered, the bank reeling from billions of dollars of losses on soured energy loans, has increased lending to oil refineries just as companies across that industry face a slump in profit.
Anxiety is a normal part of life and it can affect us all in different ways and at different times.
So that's it - after seven long years of interest rates becoming increasingly boring, today the Bank of England's monetary policy committee (MPC) voted to cut the base rate to 0.25 per cent.
Julius Baer, DBS Group Holdings and LGT Bank are considering bids for ABN Amro’s private-banking business in Asia, people with knowledge of the matter said.
A former senior banker who drove his Ferrari into a security guard at high speed in a fatal accident last year has been jailed for 21 months for dangerous driving causing death, after his claims of mechanical failure were rejected.