The jury on the most recent Libor case to go to court in the UK has arrived at a verdict for three of the men charged, but is still deliberating on the other two defendants.
Moody’s has downgraded its outlook for eight UK banks and building societies after last week’s Brexit vote.
One of the City's top lobbyists is in talks with the SNP on making Edinburgh a financial services powerhouse after Scottish first minister Nicola Sturgeon pledged to secure access to the European single market.
London's position as one of the world's premiere financial centres is bound to change in the wake of a vote to leave the European Union.
French prosecutors are recommending that UBS and its French unit face a criminal trial over allegations it helped clients evade taxes following a probe that caused the bank to post a $1.2bn bail to cover a potential penalty, according to a person familiar with the matter.
Global markets erased another $69.2bn from the combined net worth of the world’s 400 richest people Monday, bringing the total since the U.K. shocked investors with a vote to leave the European Union to $196.2bn in the last two trading days.
The U.K.'s Brexit vote has not triggered a "Lehman moment" in financial markets, the vice-president of the ECB told CNBC on Tuesday.
Last man standing.
London's position as the world's premiere financial center is bound to change in the wake of a Brexit. Dublin could step in.
Markets hemorrhaged more than $3 trillion through Monday because of Brexit, according to data from S&P Global, the worst on record.
The Libyan Investment Authority has lost its $1.2bn lawsuit against Goldman Sachs in the high court.
Banks could start making decisions to move assets out of the UK as early as the end of 2017 if there is no deal in place to maintain their rights to sell services freely across the European Union, a leading thinktank has warned.