U.K. property prices are set to cool as borrowers will face tighter lending restrictions and an increase in housing supply will ease the price surge in the country, according to a new report.
Banque de France Gov. Christian Noyer says the bulk of the European financial crisis is over, though he added that the European Central Bank stands "ready to act" if the euro appreciates.
A high-flying City of London executive managed to dodge paying the full fare on his daily commute into London for five years - and took only three days to pay back the £43,000 ($72,000) he owed when he finally got caught.
A Citigroup employee in Mexico left the bank’s offices with documents related to a suspected $400m loan fraud, according to two people briefed on the incident.
CME Group, owner of the world’s largest futures market, was sued by three of its users who alleged the company sold access to order information to high-frequency traders ahead of other market participants.
For more than five years, Mr. El-Erian’s deliberate manner and Mr. Gross’s freewheeling style were a formidable combination atop Pacific Investment Management Co. But last year, the differences became an unbridgeable chasm to Mr. El-Erian, who worried that rising tensions with Mr. Gross could keep him from effectively running the giant bond firm.
Goldman Sachs and Lynne Ng Su Ling, an independent director at LionGold, traded lawsuits in London over payment demands after shares owned by Ng and held by the bank as debt collateral plunged in an October stock rout.
Job vacancies at London’s financial-services companies rose 10% last month as firms continued to hire employees to manage compliance and risk, according to a recruitment survey.
After five weeks of voting by WealthManagment.com, the winner of the 2014 Wealth Management Madness is Bob McCann, CEO of UBS Americas
Citigroup reported an unexpected profit increase, beating analysts’ estimates as the company recouped funds previously set aside for loan losses.
#TimetoTalkDay is a day for people across England to have a conversation around mental health.
Deutsche Bank has reported its first annual loss since 2008, and it's even bigger than was expected.
A jury has today acquitted five of six brokers accused of offences related to manipulating the London Interbank Offered Rate (Libor).