Londoners struggled to get to work as a two-day subway strike snarled most of the network, leaving commuters to compete for bicycles and bus seats.
Chief executives in some of Europe's biggest banks saw huge gains in their pay packets in 2013, with a number of bosses seeing hikes in excess of 10 percent from the previous year, data compiled exclusively for CNBC reveals.
Deutsche Bank said first-quarter profit declined less than expected as trading revenue exceeded analysts’ estimates.
Bank of America's botched dividend boost was a "disgrace" and raised questions over whether the bank has become "too big to run," CNBC's Jim Cramer said Monday, moments after news broke that the massive bank halted a planned 4 cent dividend increase.
One of the City's biggest fund managers has warned that the government's decision to block Royal Bank of Scotland's bonus plans would put the bank at a competitive disadvantage.
The Bank of England is preparing to order eight of the UK's biggest banks and building societies to ensure they are strong enough to withstand sharp drops in house prices and sudden rises in interest rates.
Infamous computer hacker Andrew Auernheimer has now set his sights on Wall Street, opening a hedge fund that will short companies vulnerable to security breaches.
Boris sees it as a good opportunity but be wary of squatters
It's an embarrassment.
Royal Bank of Scotland is planning to make a fresh attempt to follow Britain’s other high street banks and introduce an incentive-based allowance for key employees to compensate them for the loss of bonuses.
Goldman Sachs has scaled back on FICC trading operations and boosted hiring in compliance in the wake of the financial crisis.
Barclays has poached Paul Compton from JP Morgan Chase to act as its new group chief operating officer.
Total giving by the top 50 philanthropists in America dropped 30 percent last year, totaling $7 billion, and marking the lowest amount since 2010.