Royal Bank of Scotland CEO Ross McEwan said the bank probably won’t report a profit in the fourth quarter, citing weak earnings trends in the previous three-month period.
The judge who sentenced Tom Hayes to 14 years in jail for conspiracy to rig Libor interest rates blocked the defence from presenting key evidence about a banking industry that routinely flouted rules, his lawyer told an appeals court on Tuesday.
The good news: A turbulent year for emerging markets (EM) that saw assets from Jakarta to Johannesburg get walloped is coming to an end.
Here's 36 luxurious ways to spend your 2015 bonus (if you're lucky enough to get a big enough one).
The cuts are said likely to be across all regions and set to take place in the next two weeks.
Former Royal Bank of Scotland Plc trader Ian Drysdale’s unfair dismissal lawsuit against the bank is continuing in a London court while judges deliberate on a verdict.
As many as seven UBS traders may face sanctions from Switzerland’s financial watchdog in the coming weeks, potentially the first individuals to be punished in the global currency-rigging scandal, said two people with knowledge of the situation.
Jes Staley begins his first day as chief executive of Barclays with a loss of almost £300,000 on the shares he bought last month to show his commitment to the role.
Credit Suisse has appointed Johnson Chui as head of equity capital markets (ECM) for Asia Pacific and created an investment banking role for frontier markets, both part of new senior appointments in Asia, according a person familiar with the matter.
Bonus pools for many Wall Street traders and dealmakers this year may not shrink as severely as expected just a few months ago, according to compensation consultant Johnson Associates Inc.
What does the typical billionaire look like? We dove into the Wealth-X report to find common characteristics.
Goldman Sachs is bolstering a team of strategists who help develop products for institutions and wealthy clients based on computer-learning technology, one of the fastest growing units in the investment-management division.