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RBS bonus pot revealed

RBS building

Royal Bank of Scotland is to pay approximately $918m in bonuses for 2013 after securing the agreement of the UK Treasury agency that is its biggest shareholder.

Barclays closes power trading desks

Barclays Canary Wharf

Barclays said on Tuesday that it has closed its power trading desks in London and New York, joining a string of global investment banks that are paring down their commodity market activities as increased regulations bite.

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Euribor trial date has just been set

The jury trial date for six people alleged of playing a role in the manipulation of the Euro Interbank Offered Rate (Euribor) has today been set to begin on 4 September 2017.

HSBC building at night

Shareholders expect HSBC to stay in London

Major investors in HSBC think the bank is more likely to remain headquartered in London following changes to the political and regulatory landscape since the bank announced a review nine months ago.