Barclays will become the focus of the bank reporting season this week amid speculation it is to appoint former investment banker Jes Staley as its new chief executive.
Citigroup’s plans to join an exodus of global banks from stakes in Chinese lenders leaves the focus on HSBC, the only one with a major holding in a big bank after earlier exits by the likes of Bank of America and Goldman Sachs.
US bank SunTrust has pulled a U-turn on a policy requiring laid-off IT workers to provide the company with assistance for no compensation for two years after they have been let go, the company told the Guardian on Friday.
Some Barclays customers had trouble getting money from their accounts and making payments as the bank carried out maintenance work before the clocks went back last night.
The overnight boom in tech stocks made a few billionaires even richer when they woke up Friday — and helped Bill Gates fend off a brief challenge to his title as world's richest man.
U.S. equities closed sharply higher after the Chinese central bank cut rates and after three tech giants posted better-than-expected earnings.
Game over ?
Restructures, right-sizings and reviews - it's all happening at the moment. But how safe are you at your firm ?
Goldman Sachs hired traders from Glencore and hedge fund Moore Capital Management as the bank seeks to rebuild its bulk commodities team following a string of departures, according to people familiar with the situation.
Frank Troise is heading back to Investment Technology Group with a mission: Clean up the mess that led to a record fine and a 40% slide in the broker’s share price.
This is what is different from 2008, former Lehman CFO Erin Callan Montella says.
It's a crazy day to be a trader! NYSE floor trader Kenny Polcari asks, "How could I have so misjudged the mood and the market psyche?"
Bullish positions in gold and volatility and short bets on China and emerging markets were some of the trades that benefited hedge funds on Friday.