While Silicon Valley is supposedly taking aim at Wall Street, there's been an increasing number of partnerships between the two factions.
European private equity group AnaCap Financial Partners has entered exclusive talks to buy Barclays' French retail banking and wealth business.
Barclays pre-tax profits have fallen by almost a quarter year-on-year as the investment bank division struggled to perform - but the bank is confident about the outlook for the rest of the year.
Citigroup shareholders have rebelled against the company's executive pay scheme, with more than a third of voters going against the bank's plan.
A former senior executive at Barclays has called emails between staff at the bank about setting Libor to better suit their trading position "improper".
Nomura unexpectedly posted a loss for the first time in more than four years last quarter, as trading income and brokerage commissions dropped and it lost money abroad.
The UK’s four biggest banks face paying out £19.5bn in fines, compensation and legal expenses this year and next, taking the total since 2011 to more than £75bn, according to the ratings agency Standard & Poor’s.
Standard Chartered CEO Bill Winters expects erratic swings in global markets to continue for at least the rest of this year, complicating his efforts to reinvigorate earnings and restore the lender’s dividend.
Former Barclays chief executive Bob Diamond is part of a consortium that is preparing to bid for the bank’s African operations, it has been confirmed.
Some 30 American companies were recognized for their efforts to boost diversity and inclusion.
An HSBC executive pleaded not guilty Monday to rigging foreign-exchange markets in the first U.S. case of its kind.
On the surface, it's been nothing short of awful this year for IPOs, but some are hopeful that the fall will see a flurry of activity, for three reasons.
KKR & Co., one of the biggest private equity investors in Asia, is losing two senior executives who helped build its China business in the past decade.