The global insurance industry covered $21bn (£12.7bn) of losses from disasters in the first half of 2014 as fewer natural catastrophes kept claims below their long-term average.
Well this is one way to make a cleaning demonstration stand out.
For at least a year, Michael A. Lucarelli, an employee at an investor relations agency in New York, reaped huge rewards in the stock market. Now, his gains have become a publicity nightmare.
Bank of New York Mellon found itself front and centre of Argentina's debt battle on Tuesday after the South American country stripped its authorization to operate there and bondholders seeking payment filed a lawsuit against the U.S. bank.
A federal judge has rejected the United States' bid to dismiss a more than $25bn lawsuit filed by Maurice 'Hank' Greenberg, the former chief executive of American International Group Inc, over the insurer's government bailout, clearing the way for a September 29 trial.
A U.S. judge has dismissed London Metal Exchange as a defendant from nationwide antitrust litigation accusing banks and commodity companies of conspiring to drive up aluminium prices, hurting manufacturers and purchasers.
The Financial Conduct Authority (FCA) will fine Royal Bank of Scotland about £15m for giving poor sales advice to mortgage customers in the latest blow to the taxpayer-controlled bank's reputation.
Bankers, traders and fund managers are practicing yoga in order to build their mental faculties and improve their ability to focus.
When Jorge Velasquez accepted an internship at Citigroup this summer, he wasn't dreaming about becoming the next Jamie Dimon. He's far more interested in following in the footsteps of Steve Jobs.
Young bankers at European firms shouldn’t hold their breath for a pay rise.
When John Cryan was named chief executive of Deutsche Bank last June, its shares leapt 8% on hopes that the Briton could revive the fortunes of the German institution.
Rich Ricci, the former head of investment banking at Barclays and one of ex-Chief Executive Officer Robert Diamond’s top lieutenants, has joined a London-based foreign exchange trading platform as chairman.
HSBC’s board will meet on Sunday to decide whether to shift its headquarters from London, according to two people with knowledge of the decision.