Deutsche Bank chairman Paul Achleitner has given strong support to the lender's twin leaders who have been embroiled in a number of scandals, magazine Der Spiegel reported on Sunday.
Paul Tudor Jones, Michael Novogratz and Louis Bacon, hedge-fund managers that profited last year from bets on macroeconomic trends, posted losses in the first quarter as some of those trades turned against them.
Dutch authorities are investigating the deaths of former ABN Amro Netherlands’s Chief Executive Officer Jan Peter Schmittmann, his wife and a daughter, whose bodies were discovered two days ago in their home after a possible homicide and suicide.
Brian Moynihan, who runs Bank of America was among a group of underpaid CEOs last year, according to a study by pay expert Graef Crystal.
Bob Diamond’s African banking venture, Atlas Mara, has agreed a deal to acquire the commercial arm of Rwanda’s state controlled bank.
The fragmented UK wealth management sector is shrinking as firms quit, bulk up or look to service a more profitable slice of the country's growing number of rich clients, to cope with costly new regulations.
U.K. banks will struggle and face more 'pain' weighed down by conflicting demands from investors, customers, regulators and the government, according to KPMG.
The global economy seemed to be on the mend when the International Monetary Fund met for its spring meeting in Washington 10 years ago.
BP will come under pressure at its annual meeting this week to explain how its decision to take a 20% stake in Russia's biggest oil company Rosneft is going to be affected by the country's standoff with the west over Crimea.
Everyone looks their best when they are on holiday – even Marks & Spencer, which escorted investors and the press corps around "gay Paree" last week.
Oil prices fell over 3% on Wednesday after new data showed US crude supplies continuing to grow while Saudi Arabia promised to keep up its policy of pumping its wells flat out.
Trader Talk presents the annual New Year's poem of Art Cashin, UBS director of NYSE floor operations.
Uber has claimed its first major scalp, with San Francisco-based competitor Sidecar announcing on Tuesday that it will be shutting down operations at 2pm on New Year’s Eve.