Look past the fact Google's new prototype car doesn't have a steering wheel or gas and brake pedals.
The London property market is heading for a "natural correction" with the "frenetic" pace of buying beginning to fade, according to the head of Britain's biggest building society.
Capitalism is in danger of eating itself, says Mark Carney.
The firm seeks to slim down its operations to prepare for tough new U.S. regulations.
Too pricey even for Goldman Sachs ?
'I’ve initiated an investigation into every employee who’s violated our rules'.
Lifestyle, prospects and culture.
Bond manager Pimco lost one familiar face this year, Mohamed El-Erian, but is seeing another return-Paul McCulley.
The Obama administration is siding with big banks in a dispute over their alleged role in the Bernard Madoff Ponzi scheme.
UBS has named Matthew Hanning as the head of its Asia-Pacific investment-banking unit, replacing Matthew Grounds, who will focus on the bank’s Australian operation.
The majority of managers at HSBC’s UK retail and wealth group will not receive a pay rise this year, a spokesman for HSBC confirmed this evening, despite the bank U-turning on a policy to enact a pay freeze.
First came the big short. Then, for Milan Patel, came the big long.
Knight Vinke Asset Management sold its stock in UBS as the activist fund, led by Eric Knight, said it remained concerned about the size of the Swiss company’s investment banking arm.