Deutsche Bank co-Chief Executive Anshu Jain says telling people he works in banking is a conversation-killer, as the industry fails to convince the general public that it’s changing.
Debates over nature or nurture and their impact on shaping a person's life continue to dominate evolutionary theory, but according to one author everyone has the potential to be "great" - without being a natural born genius or having an ivy-league education.
The Swiss bank UBS is braced for a fine and reprimand from regulators after its former trader Kweku Adoboli was jailed for fraud.
The head of the Bank of England, Sir Mervyn King, has told MPs that the culture at the big investment banks has changed.
So much for democracy.
Here's a first..
A banker was sacked by Royal Bank of Scotland for spending thousands of pounds on lavish meals, nightclubbing, hotels and taxis using his company credit card, a London employment tribunal heard Wednesday.
Societe Generale is considering outsourcing 400 back-office jobs at its corporate and investment bank, according to two union memos seen by Reuters.
Barclays withdrew Thursday from floor trading on the London Metal Exchange, the world’s biggest metals bourse, as the bank reviews its businesses to cut costs.
Deutsche Bank’s co-Chief Executive Officer Anshu Jain has turned down a request by the German parliament to testify at a hearing about allegations of manipulation in the London interbank offered rate.
The most senior bankers in the City may have to wait 10 years to guarantee that their bonuses will not be clawed back, as a result of a series of measures intended to rebuild public trust in the financial services industry.
The CME Group said it would delay the closure of outcry futures trading in Chicago and New York by a few days.
Sir Howard Davies, incoming chairman of the Royal Bank of Scotland, said on Tuesday that he saw his task at the bailed-out bank as ensuring that it achieved its “hugely important economic functions as efficiently as possible”.