BNP Paribas' $9bn settlement with U.S. authorities, aided by internal whistleblowers, has spurred calls for federal banking regulators to protect and reward individuals who report wrongdoing by banks.
U.K. university leavers face a double boon this summer, with both graduate vacancies and wages seen up on last year, according to the latest data.
A drop in trading at the Barclays dark pool being probed by U.S. prosecutors is fueling speculation CEO Antony Jenkins will shut it.
Sad to report.
More than a dozen hedge funds, with assistance of Barclays and Deutsche Bank, used “dubious” financial products to claim billions in unjustified tax savings and circumvent rules meant to limit risky bets, a Senate subcommittee investigation has found.
Three new directors have been appointed to the body which oversees the board of the Bank of England, including one who last week faced a shareholder rebellion over his appointment to the board he chairs.
Sad to report.
Trading firms and employees raised concerns about high-speed traders at Barclays’ dark pool months before the New York attorney general alleged in June that the firm lied to clients about the extent of predatory trading activity on the electronic trading venue, according to people familiar with the firms
Allianz, Europe’s biggest insurer and owner of Pacific Investment Management Co., is standing by Chief Investment Officer Bill Gross as his main fund trails peers and struggles with a record streak of investor redemptions, calling him an industry 'legend'.
Google has become the world’s most valuable listed company after announcing that its global revenues rose 13% to $75bn (£52bn) last year, and the group’s tax rate fell to just 17%.
Goldman Sachs was censured by Hong Kong’s securities regulator for breaching the city’s takeovers code while advising Wing Hang Bank on its acquisition by a Singaporean bank.
BNP Paribas plans to simplify the legal structure of its wealth management operations within the group in some of its branches in France and Asia, according to a statement by the FO banking trade union.