Barclays is braced for a bruising encounter with shareholders at Friday's annual meeting when protests are expected to be lodged against the bank's pay policies after another major investment group recommended voting against the £17m handed to chief executive Bob Diamond.
The Securities and Exchange Commission has charged twin brothers from the U.K. with defrauding approximately 75,000 investors through an Internet-based pump-and-dump scheme in which they touted a fake 'stock picking robot' that purportedly identified penny stocks set to double in price.
How much would it cost to buy a slice of a private equity firm that's boasted a roll call of advisers including former US president George Bush Sr, former British prime minister Sir John Major, and two-time prime minister of Thailand, Thaksin Shinawatra ?
Here's Thomson Reuters Investment Banking Weekly Scorecard.
Probably the biggest HR blooper - ever.
Things look like ending on a sad note for outgoing Deutsche Bank CEO Josef Ackermann.
Here's a few links to some interesting Bloomberg, Fox Business, Reuters and Telegraph stories currently doing the rounds.
Former Societe Generale banker Ajit Madan is proving there is life after the City. With his sister Lubna he set up Camellia's Tea House and the business is going from strength to strength.
Barclays is planning to hold a 'citizenship day' next month, even as it prepares for a stormy annual meeting next week about the pay and tax of chief executive Bob Diamond.
Those who watched Dominique Strauss-Kahn at the spring meeting of the International Monetary Fund a year ago say he played a blinder. Although he was to leave Washington under a cloud shortly afterwards, DSK impressed with his no-nonsense approach to his fellow Europeans.
A new alternative to bitcoin was launched in London Wednesday with official trading for the technology beginning next week on a global exchange based in Hong Kong.
A Bank of England payments system that processes hundreds of billions of pounds a day collapsed for nine hours last year because of defects in its design, according to a damning report.
In 1985, if you had an MBA, it was your ticket to a career in finance or management.