Brady Dougan, the first American to serve as sole chief executive officer of Credit Suisse, said that there were times when he wished he had considered that fact more before taking on the job.
Barclays failed to persuade a U.S. judge to dismiss a lawsuit accusing the bank of defrauding shareholders about a private 'dark pool' trading platform even as it was publicly pledging to clean up its corporate culture.
If HSBC left Britain it would deal the country a psychological as well as financial blow, according to an academic.
Nearly one in four shareholders voted against HSBC’s pay and bonus deals at the bank’s annual general meeting in London today, as its directors faced angry questions from shareholders about its Swiss banking arm and the composition of its board.
Lewis Hamilton has been named as the richest sportsman in Britain with a fortune of £88m, an increase of £20m on the previous year.
Britain’s billionaires have seen their net worth more than double since the recession, with the richest 1,000 families now controlling a total of £547bn.
Deutsche Bank said on Friday it would cut back its investment bank and split off its Postbank retail business, as it revealed the outlines of a strategy overhaul.
Togo, Burundi, Syria, Benin and Rwanda were least happy.
If Wall Street's masters of the universe can make it to the Swiss Alps, they're definitely going to Los Angeles.
HSBC Chairman Douglas Flint told CNBC that relocating the bank's headquarters back to Hong Kong "would be potentially interesting" on Friday.
Co-chief executive John Cryan said the results reflected wider challenging conditions in the first quarter.
Marco Arosio, a former executive at Citigroup, sued the bank for unfair dismissal, according to filings from a London employment tribunal.
A Barclays investment banker said his friendship with a former employee on trial for conspiring to manipulate Libor doesn’t mean he had any knowledge of attempts by multiple traders under his supervision to rig the benchmark rate.