An £11.5m pay packet for the chief executive of Lloyds Banking Group was waved through by shareholders in the bailed-out bank at an annual meeting punctuated by outbursts from disgruntled customers and concern over the £12bn cost of the PPI scandal.
The average cost of a home in London is on course to breach the £1m level by 2030 as house building struggles to keep pace with a rapidly rising population, a leading consultancy is predicting.
Sad to report.
Working in a pigsty.
Being Mindful for Mental Health Awareness Week with the Bank Workers Charity
UBS faces the prospect of making a guilty plea that would require it, along with four other giant global banks, to seek U.S. regulators’ permission to keep managing Americans’ money.
An ex-Jefferies trader convicted last year of lying to buyers and sellers of mortgage-backed bonds may have done nothing worse in one judge’s view than what a homeowner does when selling a house.
Murray Abbott, an institutional sales trader at Morgan Stanley in Toronto who had been missing since April 25, was found Monday by the shore of Lake Ontario near the city’s Beaches neighborhood where he lived. He was 36.
The Bank of England's controversial investigation into what its own staff knew about foreign exchange manipulation is being scrutinised by the US Department of Justice.
The US stock-exchange Nasdaq is experimenting with incorporating the underlying technology of the bitcoin cryptocurrency into its pre-IPO trading arm, Nasdaq Private Markets.
Tom Hayes has instructed solicitor Karen Todner to lead the next stage in his appeal, it was announced today, as he turns to crowdfunding to raise his legal fees.
Barclays should have given its traders more training on Libor and tighter rules on their communications, a senior executive at the bank told the trial of five former bankers charged with manipulating the benchmark.
UBS was downgraded at Morgan Stanley after the bank’s lower-than-expected first-quarter earnings muted the outlook for dividends.