Royal Bank of Scotland has become the second major lender to clamp down on large mortgages, announcing it will restrict lending on loans above £500,000 as fears grow that the London property market is entering bubble territory.
Deutsche Bank will price its 8 billion euro ($11 billion) capital hike on Wednesday at between 21 euros and 21.50 euros per share, sources told CNBC.
Line, a mobile messaging application operator, is working with Nomura and Morgan Stanley to prepare for an initial public offering as soon as November, people with knowledge of the matter said.
Credit Suisse has lost a limited amount of business as a result of pleading guilty to charges that it helped wealthy Americans to evade taxes, the head of its private bank said on Monday.
UBS has appointed Mark Haefele as Chief Investment Officer of its flagship private bank, replacing Alexander Friedman who is leaving the bank.
Goldman Sachs named a new chief strategy officer on Monday, replacing an executive who had worked at the firm for nearly 30 years and is retiring at the end of the year.
An average congestion level of 74 percent
The chancellor, George Osborne, is expected to announce measures to increase oversight of the £3tn-a-day foreign exchange market as investigations continue into the latest allegations of benchmark-fixing in the City.
The U.S. Labor Department is one regulator that hasn’t immediately fallen into line to give Credit Suisse a pass following its May 19 guilty plea for helping Americans evade taxes.
U.K. employers are planning a hefty uptick in graduate recruitment this summer, with financial firms expected to lead the way, according to a study.
The new year may have only just begun but there are already signs of 2016 being a strong year for financial sector jobs.
Morgan Stanley reported a fourth-quarter profit, compared with a year-earlier loss, as its legal costs plunged and compensation expenses fell.
Bank of America reported a 9.8 percent rise in profit for the final quarter of the year, helped by lower expenses.