CIMB Group Holdings Bhd has cut 32 jobs in its Hong Kong investment banking and equities business on worsening capital market conditions, Malaysia's second-biggest bank by assets said on Monday.
Royal Bank of Scotland could reach a settlement within weeks on claims it misled investors in selling U.S. mortgage-backed securities, passing another milestone in its recovery from the financial crisis, analysts said on Friday.
HSBC will start building a new Middle East headquarters near the world’s tallest tower in Dubai as the lender aims to combine staff from three other locations in the city.
The former chairman of Barclays has warned that the British economy could be harmed if regulators continue to curb risk-taking in the banking industry.
Bucking the trend.
Two of the world’s biggest banks, Goldman Sachs and Morgan Stanley, are releasing their annual results this week, and are expected to report a fall in annual earnings after a tough year.
The number of requests for assistance from foreign enforcement agencies received by the Financial Conduct Authority (FCA) has risen over the last year.
Small cap specialist broker Panmure Gordon has broken into the top five City advisers chart this morning as financial data publisher Adviser Rankings unveiled its tenth annual corporate advisers rankings for 2015.
A senior bitcoin developer has declared the cryptocurrency a failed experiment, blaming the end of the currency on the refusal of the community to adopt new standards which would allow it to grow consistently while maintaining stability.
When the year’s most hotly-anticipated tech deal went down, Wall Street’s biggest banks got elbowed aside by upstart competitors.
Commerzbank said a key measure of financial strength fell in the second quarter as it made accounting adjustments to reflect operational risks to banks across the industry.
A City report will recommend exposing the gap between a company’s boardroom pay and that of the wider workforce as part of a package of measures to reform executive salaries.