HSBC has chosen Birmingham as the headquarters for the ringfenced UK retail and commercial banking business it is setting up, in a move that will involve relocating 1,000 jobs from London.
Managers 'know where they’re not making enough money'.
Wells Fargo has named Darin Deschamps and Sandra Taube Godard as co-heads of capital markets in Canada.
An Airbus A320 carrying 150 people crashed Tuesday in a mountain range in Southern France in what French President Francois Hollande called a "tragedy."
U.S. golf may be in doldrums, but Great White Shark Enterprises is thriving by diversifying into everything from finance to wine-making.
Tech start-ups don't talk much about interest rates. With the Fed removing the word "patient" from its plan for raising rates, that's going to change.
Controversial "Flash Boys" author Michael Lewis explains why the markets are still rigged and why complexity is the new opacity.
HSBC, BNP Paribas and Royal Bank of Scotland must conduct top-to-bottom rewrites of plans showing how they can be safely unwound in bankruptcy before resubmitting the living wills to U.S. regulators.
Politicians and regulators have prevented a supply-side solution to growth because they are focused on punishing banks, strategist Jason Trennert tells CNBC.
Two more bankers joined a list of currency traders suing their employers in London following $10 billion in fines dished out by regulators in the wake of the foreign-exchange scandal.
Deutsche Bank, which runs Europe’s biggest investment bank, remains 'unreservedly' committed to its securities-trading business even as it trims its focus to about a third of customers at the unit, said co-CEO John Cryan.
Credit Suisse has hired Tom Klein from larger rival UBS to oversee capital and liquidity management for the bank’s trading unit, according to two people briefed on the matter.