Excessive boardroom pay risks undermining public trust in big business, the accountancy regulator has said in a report calling for a concerted effort to increase trust in the way that companies are run.
The Serious Fraud Office has announced that it is conducting a criminal investigation into Unaoil, the Monaco firm that earlier this year was implicated in an international corruption scandal by investigative journalists in Australia.
Expenses management: 'The question is, can we do more?'
The case is as much family tragedy as courtroom drama.
The cost of fines, legal bills and customer compensation racked up by the world’s 20 biggest banks over the five years to the end of 2015 amounted to £252bn, according to new research.
Goldman Sachs topped forecasts with earnings per share of $3.72 and revenue of $7.932 billion.
Goldman Sachs' Jason Gottlieb, a partner in the bank's asset management division, is leaving the firm.
Societe Generale on Monday asked for an adjournment to push back the date of a trial in a long-running dispute with Libya's $67bn sovereign wealth fund over a series of trades entered into between 2007 and 2009.
Bank of America's wealth unit is losing financial advisers who cannot meet performance targets because their books of business are too small, Chief Executive Brian Moynihan said on Monday.
Ken Moelis, the former UBS executive who took Moelis & Co. public two years ago, said he’s keeping in mind the lapses of giant investment banks as he works to build his boutique.
Tidjane Thiam, the former Prudential chief now running Credit Suisse, won’t be thanked by his counterparts at Deutsche Bank for saying so at this moment, but he is correct: big European banks are “not really investable” and the industry is in a “very fragile situation”.
Jeremy Corbyn called on Labour MPs to “end the trench warfare” and get behind a socialist vision for Britain under which he would allow councils to borrow more, raise taxes on business to fund education and suspend arms sales to Saudi Arabia.