Ross McEwan, chief executive of Royal Bank of Scotland, received shares on Friday worth almost £1.5m in the bailed-out bank.
The American lawyer who orchestrated a successful class action suit against the tobacco industry 20 years ago has turned his sights on the stock exchanges caught up in the controversy over high-frequency trading.
Coutts, the Queen's bank, could end up paying compensation to thousands of customers after admitting that some may have been given unsuitable investment advice.
A large burst of layoffs likely.
Bonus curb workarounds being developed by banks from HSBC to Lloyds Banking Group will be scrutinized by European Union regulators for possible breaches of the bloc’s rules.
Bank of America is negotiating a deal with the Justice Department and a number of states that could lead to a roughly $12bn settlement related to the bank's mortgage banking practices, according to a U.S. law enforcement official.
Deutsche Bank, seeking to raise $11.6bn of capital, braced investors for a deepening trading slump and potential damage to its business from international probes of currency rigging and hiring practices.
New York’s top banking regulator Benjamin Lawsky is pressing BNP Paribas to dismiss one of its top executives as part of settlement negotiations with the U.S. over alleged sanctions violations, according to a person familiar with the matter.
Pimco's outflows were a rough patch, but the firm is now moving ahead, its founder and chief investment officer Bill Gross told CNBC Thursday.
The Artemis Network is a newly formed employability and career development forum for women between 16 and 21 years old.
It may be Wells Fargo's CEO's favourite business, but the company's wealth management unit's closely watched trust and investment fees declined in the fourth quarter.
It’s been coming on for quite some time, but in the last five years particularly, there has been rapid growth in virtual working. For employers however, there is still some reluctance to embrace the concept, despite the fact that virtual workers are often far more cost-effective and can lead to an increase in productivity.
Firms in the UK are increasingly worried their own employees are going to commit fraud against them with internal threats main concerns, a survey from EY has shown.