Four out of five days in any given week last year, Barclays Plc bankers were probably rubbing shoulders with FCA investigators as the regulator visited the U.K. bank more than any other.
Five years after the financial crisis, a battle is still being fought over Dodd-Frank, a series of reforms designed to prevent a recurrence.
U.S. securities regulators are examining the behavior of several companies with links to FIFA or other soccer bodies caught up in a major corruption scandal to see if there were possible violations of U.S. federal bribery laws, Reuters reported.
Investors may be placing too much faith in John McFarlane to revive earnings at Barclays, according to Investec.
The body of a banker who plunged to his death from a mountain in the Lake District lay undiscovered for four days after hotel staff failed to notice he was missing, an inquest heard last week.
Goldman Sachs is hiring like crazy to expand its investment management business, but because many of its new workers are based in low-cost cities, its costs are still going down.
JPMorgan Chase was singled out last year for being the only major U.S. bank that didn’t have enough capital set aside to overcome the perception it’s too big to fail. But that was then.
Deutsche Bank has disputed allegations by Germany's financial watchdog, sources close to the firm said, in its official response to a preliminary report into interest rate manipulation which threatens sanctions against the bank and individuals.
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Tom Hayes, the first trader to stand trial for rigging Libor, said his efforts to influence the rate over four years were ultimately unsuccessful.
'A perfect storm of challenges'.
Credit Suisse’s Tidjane Thiam is the "right man" to lead the lender even though the bank has lost more than half of its market value since he took over, Chairman Urs Rohner said.
Barclays has already scrapped its Brexit crisis plans as the situation is much less severe than bosses had previously feared.