'All market participants, analysts and investors, would welcome an investment-bank restructuring beyond what has been announced so far'.
UBS failed to properly disclose risks it took with Swatch Group’s funds and should be held responsible for the losses that followed, the watchmaker argued in a Swiss court.
Expenses and efficiency.
The EU's financial chief has promised some of the toughest curbs on the controversial use of high-frequency trading highlighted by author Michael Lewis in Flash Boys.
Barclays has announced that Crawford Gillies has been appointed as a non-executive Director of Barclays and will become a member of the Board Remuneration Committee with effect from 1 May 2014.
Citigroup announced slightly lower revenues for the first few months of the year on Monday as the bank worked to shed its “too-big-to-fail” image and convince federal regulators it remains among the strongest banks in the US.
Where is this top firm in its cost cutting efforts ?
Tales from the trading floor.
'Making targeted headcount reductions in light of current market conditions'.
A high-flying City of London executive managed to dodge paying the full fare on his daily commute into London for five years - and took only three days to pay back the £43,000 ($72,000) he owed when he finally got caught.
The second-in-command at Standard Chartered stands to receive a pension worth almost £500,000 a year when he leaves the emerging markets-focused bank at the end of 2016.
Nearly a dozen people accused of manipulating a key rate of lending between European banks are due to make their first appearances in court this week in the latest of several rate rigging prosecutions brought by the Serious Fraud Office.
Fresh strikes by London Underground drivers look set to go ahead as the long-running row over Night Tube working conditions continues.