Taxpayers end 2013 with a £14.5bn loss from their stake in Royal Bank of Scotland, five years after the Edinburgh-based bank received a record-breaking government bailout.
For the second straight year, shares of Warren Buffett's Berkshire Hathaway have outperformed the benchmark S&P 500 stock index.
Japan's Nikkei index may have clocked its biggest annual gain in over 40 years, but it wasn't 2013's best performing stock index.
Goldman Sachs could rise to $239 a share were all its businesses to peak at once, said Brad Hintz, an analyst at Sanford C. Bernstein.
Antony Jenkins, CEO of Barclays, has admitted it could take as long as a decade for the bank, which has been implicated in a number of banking scandals, to regain customer trust.
Wells Fargo has agreed to pay Fannie Mae $591m to resolve repurchase demands on loans originated before 2009 and sold to the government-backed firm.
Zappos is known for its quirky culture, and now the online footwear retailer plans to strip all management titles and oust any semblance of a top-down hierarchy, news website Quartz reported.
Senior staff at Goldman Sachs in London received average pay deals of £2.7m in 2012 – a 50% rise on 2011 – the company disclosed on Monday, shedding fresh light on the rewards on offer in the City as Brussels prepares to impose a cap on bonuses.
Paul Tucker, the former deputy governor of the Bank of England, is among several figures from the world of finance to receive a knighthood in the New Year honours list, despite claims that he was involved in the Libor interest-rate fixing scandal.
GQR Global Markets - the award-winning Banking & Finance, Commodities & Energy and Information Technology search firm - is expanding its New York operations with the acquisition of new space in Midtown Manhattan, New York.
The number of global million-dollar donations to charity shrunk in 2014 by close to $3 billion as U.S. giving dropped, and the number and total value of donations stubbornly stayed below pre-crisis levels, according to research.
Marriott International is buying its rival Starwood, owner of the W and Sheraton chains, for $12.2bn (£8bn) in a deal that will create the world’s largest hotelier.