George Osborne signalled on Wednesday night he was ready to start selling off the Royal Bank of Scotland, seven years after it was rescued from collapse by the taxpayer.
A sad determination.
Sad to report.
The scale of FIFA's excesses were highlighted on Wednesday when a study of salaries showed that employees at soccer's world governing body received wages that were 34 percent higher than the average hedge fund trader.
Well, well, well.
A former senior executive at Deutsche Bank told the British Bankers’ Association in April 2008 that allegations Libor was being manipulated were a 'conspiracy theory'.
Galleon Group hedge fund founder Raj Rajaratnam plans to formally ask a U.S. judge to throw out his 11-year prison sentence and void many of the 14 counts for which he was convicted in his insider trading case.
I attended a rather grand reception in the City a month ago and there I met a younger salesman from HSBC.
An ex-Deutsche Bank broker found guilty in a massive tax fraud got his conviction tossed on Monday because one of the jurors who found him and others guilty lied about nearly every aspect of her life.
Standard Chartered CEO Bill Winters, on his first day in the job, pledged to eliminate 'waste and excess' at the bank, while boosting capital.
The investing guru's massive success will be difficult, if not impossible, for newcomers to repeat, he says.
As business students pack up their belongings after graduation, fewer are listing hedge funds as a top destination, while private equity and startups are becoming more attractive.
UK lenders have shunned the latest offer from the Bank of England for emergency liquidity ahead of the EU referendum, just two days before voters head to the polls.