Message: I could wield the axe further if necessary.
Is that academically gifted, high-performing, twentysomething graduate trainee on your team an example of intelligence and ambition incarnate ?
Royal Bank of Scotland should be pushed to undergo a deep restructuring to split off bad assets still on its books and recapitalize, the head of the Bank of England said on Wednesday.
Fresh regulations on banker bonuses is a risk for Standard Chartered, warned CEO of the bank's Asia division, Jaspal Bindra, who said an unfair amount of attention has been paid to the issue.
George Osborne suffered a bruising defeat in Europe on Tuesday as the 26 other EU finance ministers imposed curbs on bankers' bonuses in an unprecedented move targeted at the UK financial services sector.
The world's major luxury auto manufacturers have been bucking the trend, rolling out new models for the super luxury market at the 83rd Geneva motor show, against a backdrop of slumping sales in the mass market in Europe.
Staff at the chief City regulator should be cleared of negligence despite failing to spot clues that banks were manipulating interest rates to generate millions of pounds in bonuses and profits, an internal report into the Libor rigging scandal has ruled.
The stock market is on solid footing right now, bolstered by the strength of corporate balance sheets, said Cantor Fitzgerald CEO Shawn Matthews Tuesday on "Squawk on the Street."
Citigroup executives stand to collect $579m under profit-sharing plans that include the one shareholders voted against last year.
While a trader known as the 'London whale' has come to represent a multibillion-dollar blowup at JPMorgan Chase, Congressional investigators have discovered that the problems involved more senior employees at the firm.
A Chinese billionaire has bought a mansion in Australia for a reported $70 million ($52m) Australian dollars - making it the most expensive home ever sold in the country.
BlueCrest Capital Management was sued by a group of investment firms over claims an employee at the hedge fund run by billionaire Michael Platt conspired with banks to rig the Swiss franc Libor rate.
Deutsche Bank, the bank with the highest legal bills in continental Europe, said Richard Walker will retire as the company’s general counsel at the end of the year at his own request.