Almost 120,000 bitcoin worth around $78m has been stolen from Hong Kong-based Bitfinex, one of the most popular cryptocurrency exchanges, causing a 20% drop in the value of the currency.
US banking giant Wells Fargo & Co said Wednesday that it did not experience any material impact on its UK or other foreign businesses as a result of the pro-Brexit vote last month.
Profits will be decimated at the UK’s top banks if, as widely expected, the Bank of England cuts interest rates to a historic low of 0.25 per cent today.
Structure expenses, and eliminating waste.
London’s financial lobby group warned that the city’s status as the world’s pre-eminent financial hub could be undermined if the U.K. loses the right to sell its services freely within the European Union as doubts mount over Britain’s ability to retain full access to the trading bloc.
JPMorgan’s contract to provide debit cards to inmates released from federal prison may have backfired after a former convict raised a ruckus.
J.P. Morgan on Tuesday appointed Rossano Nonino as Chief Investment Officer for real estate in Brazil, the office for which is based in Sao Paulo.
Britain's competition watchdog Competition and Markets Authority (CMA) has accepted in principle merger undertakings between Tullett Prebon and ICAP.
Standard Chartered's share price has jumped even as it reported a 46 per cent fall in profits and said it was not yet ready to reinstate interim an interim dividend.
The shortlist for the 2016 European Diversity Awards was announced today and paved the way for a battle of big businesses at the glittering ceremony - taking place at London’s Natural History Museum on Tuesday 29 November.
The UK risks stumbling into another financial crisis, a report out today warns, slamming the watchdogs for being more fixated with ticking boxes than bolstering important regulation.
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