Tony Blair has accepted some responsibility for the state of Britain's economy after admitting his government failed to understand the complexity of the financial sector or foresee that it was on the brink of crisis.
High-street banks have long promised to go the extra mile for their customers, but none of them can purport to offer the kind of service private banks do.
Japan’s ruling party is seeking changes to insider-trading rules that would allow criminal charges and fines for brokerages and bankers who leak stock offering information, according to a document obtained by Bloomberg News.
The British Bankers' Association (BBA) issued a warning to banks in April 2008 to "submit honest rates" to its Libor setting panel, according to a series of emails which demonstrate that the problems with the crucial interest rate were being discussed at the highest level during the financial crisis.
Selby Jennings, who came out top in the Here Is The City 2012 poll of jobseekers and client companies.
A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone, people familiar with the banks' thinking said.
Robert Wolf, the veteran UBS executive, is leaving the firm to start an advisory and consulting firm.
At least 12 people have been killed and 38 injured in a shooting at a cinema showing the new Batman film near the US city of Denver, Colorado.
Last week’s testimony of Barclays Plc Chairman Marcus Agius to a U.K. parliamentary committee received less press than the earlier testimony of his former CEO, Bob Diamond, but Agius’s performance was more remarkable.
Anil Kumar, a former senior partner at McKinsey & Co was sentenced to two years of probation and ordered to forfeit $2,260,000 for his participation in an insider trading scheme in which he provided material, nonpublic information stolen from McKinsey and its clients to Raj Rajaratnam, the head of Galleon Group, who then traded based, in part, on the Inside Information.