Britain’s banks are vulnerable to a global financial shock despite efforts to shore up their finances, according to the official who led the inquiry into the safety of UK banks following the 2008 crash.
Barclays CCEO Jes Staley has lost $3.2m in the past 101 days as the global rout in bank stocks engulfs his new employer.
It might be time to feel sorry for Britain's bankers.
Britain's four biggest banks are to award bonus payouts worth around $7.2bn in the next few weeks even as the share prices of lenders are being hammered by deepening concerns about economic growth.
Shamed former Royal Bank of Scotland boss Fred Goodwin faces being interrogated by lawyers in a $5.8bn court action brought by angry shareholders.
Commerzbank has drafted a shortlist of candidates to replace Chief Executive Officer Martin Blessing when he steps down in October, according to a note to staff.
Global banking giant HSBC revealed late last night that it has decided to keep its headquarters in London, ending months of uncertainty over whether it would quit the UK and move to a rival financial centre.
Today's workers will need to keep plugging away well into their golden years if they want to afford the same standard of retirement as their parents, a report out today has found.
New York Fed president William Dudley has dismissed speculation that the US Federal Reserve could adopt negative interest rates as “extraordinarily premature”.
The EU’s ethics watchdog is to look into the former European commission president José Manuel Barroso’s new job with Goldman Sachs, which includes advising the investment bank and its clients on Brexit.
Hong Kong is the latest city to follow the example of the UK's financial watchdog and set up its own scheme to accelerate the development of financial technology.
European banks are more akin to their Japanese counterparts and less like Wall Street, warns JPMorgan