The U.K.'s central bank has suspended an employee as part of its investigation into alleged manipulation of the currency markets.
One of the architects of the EU's cap on bankers' bonuses has called for the UK government to be sued for allowing banks to sidestep the new rules as two more high street banks were preparing to hand their bosses up to £1m in extra pay to avoid the clampdown.
Banks, hedge funds and fund managers will recoup all the cash they were owed by the UK arm of Lehman Brothers when it collapsed five years ago, and the administrators said on Wednesday they expect to be left with a £5bn surplus.
Two of the leading billionaire counters came up with wildly different results for the number of billionaires in China. What gives ?
'This is not a racially discriminatory comment'.
It is exceedingly rare for Goldman to hire anyone, let alone a woman, laterally into its coveted partnership ranks.
Think bank executives bring home the bacon ? Think again.
'Suicide became an option'.
Hoping the third time's the charm, the bankrupt city of Detroit says it has reached a tentative, $85 million deal to settle so-called "swaps" contracts with UBS and Bank of America Merrill Lynch, after previous agreements were deemed too expensive.
JPMorgan has agreed to pay bond insurer Syncora Guarantee $400m to end lawsuits over mortgage-backed securities.
JPMorgan won a judge’s preliminary approval of a deal to pay $150m to settle investor claims that it hid from them as much as $6.2bn in losses caused by a trader dubbed the London Whale.
HSBC chief executive Stuart Gulliver has said the bank will provide an "update" on its plans to relocate its headquarters abroad - although that may not include a decision.
The richest stand to gain more from the introduction of new technology than those in poorer sections of society, according to a report that warns of the impact on low-skilled roles from increased use of automation.