Dividend cuts, pay restraint and thousands of job cuts.
Your job may be killing you.
Royal Bank of Scotland faces a a mounting bill for mis-selling and other conduct issues , its new chairman has warned.
Deutsche Bank, among the world’s biggest traders of stocks, found itself on the losing side of the turmoil sparked by Volkswagen’s diesel-cheating scandal.
Credit Suisse has received inquiries from authorities investigating FIFA in Switzerland and the U.S. focusing on its relationship with people named in a May indictment, the bank said in its financial report for the third quarter Friday.
Standard Chartered is said to have held discussions with bankers on raising at least $4bn as British regulators toughen scrutiny on lenders with exposure to emerging markets in a second round of stress tests, people with knowledge of the plan said.
BNP Paribas, the French bank, became the latest big European bank to report profits fell at its investment bank, as it was boosted overall by retail.
Worldwide M&A activity hits $3.7 trillion, up 40% for biggest year-over year gain since '97-98
For investors, John Cryan’s plan to revive profit at Deutsche Bank looks too much like the strategy that contributed to his predecessor’s departure: thin on details. The shares fell the most in two months.
Barclays has already scrapped its Brexit crisis plans as the situation is much less severe than bosses had previously feared.
JPMorgan is of two minds about poaching brokers: It can hire whomever it wants from competitors, but many of its own brokers are off-limits.
A former Barclays currency trader has sued the bank for unfair dismissal and whistle-blowing after he was suspended amid a probe into potential foreign-exchange manipulation.