JPMorgan had a 'tin ear' when dealing with regulators before settling probes into mortgage lapses and trading losses, CEO Officer Jamie Dimon said.
Computing multinational Hewlett-Packard (HP) is to pay US regulators $108m to settle a corruption scandal involving employees at subsidiaries in three countries, who were charged with bribing government officials to win and retain lucrative public contracts.
One of the last remaining conditions the EU attached to the £45bn rescue of Royal Bank of Scotland has been removed in a step the chancellor said would help to get back taxpayers' money in the bailed out bank.
“Tact,” said the former British prime minister, Winston Churchill, “is the ability to tell someone to go to hell in such a way that they look forward to the trip.”
Where will the next financial crisis come from ?
What's a few billion between friends ?
Sentenced to jail for hiding facts about the capital position of the bank.
Ever have one of those days where you're so stressed out that you snap at someone - or you tear your desk apart because you can't find your keys and you know they're there somewhere?!
Six weeks after being named to lead Morgan Stanley's brokerage force of more than 16,000 financial advisers, managing director Shelley O'Connor has streamlined the sales organization and replaced some key executives.
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.
The last serious scandal to squeeze into the news in 2015 doesn’t turn out to be Lynton “dog whistle” Crosby’s knighthood or other recipients of Dodgy Dave’s New Year honours list.