Barclays may not pick its next chief executive until early next year, potentially leaving new Chairman John McFarlane in charge for at least eight months.
Low tax rates have failed to win over traders to the merits of life in Switzerland.
Brazil’s antitrust regulator named 30 people it’s investigating as part of a civil probe into anticompetitive practices in the currency market.
They seek him here, they seek him there … the former HSBC gaffer, Lord Green of Hurstpierpoint, might be described as the scarlet pimpernel of banking.
The numbers are mind-boggling.
With its shuttered banks, furious public protests and iconoclastic politicians, the plight of Greece, brought to its knees by a crippling debt burden, has been gripping and heartbreaking in equal measure: a full-blown sovereign debt crisis on the doorstep of some of the wealthiest countries in the world.
Completed Distressed Debt and Bankruptcy Restructuring activity totaled US$59.9 billion during the first half of 2015, a 44% decrease from the first half of 2014.
Fun on a Friday after a tough week.
So which one are you ?
The U.K. Financial Conduct Authority has abandoned a proposed fine of about $1.5m and an industry ban against the former JPMorgan trader known as the London Whale.
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.
The European Central Bank has fanned fears that London could lose its status as Europe’s financial capital after warning that the Brexit vote might sever the City’s trade relationship with the EU.
Goldman Sachs was one of the big backers of the failed campaign to stay in the EU but some of its bankers might just be relieved the UK voted for Brexit next week.