European stock markets tumbled after Chinese shares had their worst day since 2007 – adding to a stock market rout driven by fears about the world’s second-biggest economy.
The government has sold 1% of its stake in Lloyds Banking Group to reduce its ownership of the bailed-out bank to less than 13%.
A former investment adviser at JPMorgan Chase is expected to plead guilty in September, after federal prosecutors in New York charged him with taking at least $22m out of client accounts to use for his own purposes.
Partners at Deloitte, one of Britain’s biggest accountancy firms, will share a profit pool of £593m after a surge in revenues from its consultancy business.
WW M&A activity totals $2.9 trillion, up 40% compared to YTD 2014 levels
Science overwhelmingly supports a workday snooze, but sleeping on the job is stressful.
Deutsche Bank co-Chief Executive Officer John Cryan is considering the biggest overhaul of the lender’s management structure in more than a decade, according to a person with knowledge of the matter.
Doctors wear scrubs. Cops carry guns. Lawyers wear suits. Bankers carry the bag.
Sell in May and go away, don’t come back until St Leger Day.
A fired HSBC equity derivatives trader who sued the bank for $2.6m was awarded just $63,400 in a French lawsuit over his dismissal for sending client data to his personal Yahoo! e-mail address.
Seven former Deutsche Bank managers were convicted by a German court of participating in a conspiracy to cheat on value-added tax refunds for carbon-emissions trading.
Daiwa Securities, a Japanese brokerage with operations in the U.K., would have to set up a business in the European Union that replicates or replaces some functions in London if Britain votes to leave the bloc, according to a memo to employees.