Deutsche Bank posted a net loss of 6.8 billion euros for 2015, in line with the figure announced last week in a profit warning, as writedowns, litigation charges and restructuring costs took their toll.. The bank had already warned last week that it would post a 2015 net loss of approximately 6.7 billion euros.. John Cryan, Co-Chief Executive Officer, said in a...
Citigroup executives encouraged foreign-exchange traders to use electronic chat rooms to share client orders with employees of rival banks, a practice that forced finance companies to pay $10bn in regulatory fines, according to evidence presented to a London employment tribunal.
We talk a lot about the amount of pressure the younger generation are under - but those nearing retirement age have it just as hard, it turns out.
Tighter regulations are making it increasingly difficult to sell U.K. government bonds. That’s the message from gilt market makers and investors.
More needs to be done to propel women into the top jobs in Britain’s biggest businesses, to boost economic growth, according to the head of the CBI – who wants all major companies to ensure that a quarter of all senior roles are held by women.
Oil prices may be depressed, but they have not stopped the longtime commodities trader Phibro from being resurrected.
JPMorgan agreed to pay $995m to resolve claims by Ambac Financial Group that it was duped into insuring mortgage bonds backed by shoddy loans, paving the way for approval of a much larger settlement between the bank and institutional investors stemming from the global financial crisis.
Staff absences are now costing businesses more than £500 per worker, but employers are still not doing enough to protect their employees' wellbeing.
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Tim Leissner, the Goldman Sachs executive who helped build the investment bank’s Malaysia business, has relocated to Los Angeles and is on personal leave, people familiar with the matter said.