Barclays will withdraw from most of its global commodities activities, joining JPMorgan Chase to Morgan Stanley in pulling back as revenue drops.
Despite an earlier call for heads to roll at Citigroup for failing the Federal Reserve 's "stress test," CLSA bank analyst Mike Mayo said that Tuesday's annual shareholder meeting reassured him that the stock could head to $96 per share.
In mergers, as in horror movies, it often comes as a shock when the menace comes from someone close to the victim.
Greece's harsh austerity program may have caused coalitions to crumble and brought people out on the streets in protest, but a new study has found a more human cost of the debt crisis - cuts and reforms in the country have caused a "dramatic rise" in male suicides.
A final decision hasn’t yet been made.
How best to simplify the bank's sprawling operations and which of its businesses it 'should focus on and invest in'.
'The industry is looking at a golden decade'.
Merrill Lynch is dangling a new incentive in front of its brokers by creating a 'recognition club' for those who bring in $8m or more a year from clients, more than doubling the top goals set by its securities industry rivals.
Barclays faces a barrage of shareholder anger over excessive pay following another troubling year for the bank.
UBS joined JPMorgan in recommending investors stop buying shares in Deutsche Bank, saying the company may delay efforts to cut costs and build capital.
Worries about the eurozone and shaky prospects for the wider global economy have dented confidence among bosses of the UK’s biggest companies, according to a survey.
Record-breaking discounts on offer in the post-Christmas sales have so far failed to attract a rush of bargain hunters to the high street, raising fears that Marks and Spencer, John Lewis and Next will be forced to report disappointing trading figures for the festive period.
Cheap American olive oil could, in a few years’ time, be sitting on supermarket shelves next to the Tuscan single estate varieties loved by British foodies.