Three former ICAP brokers charged in the U.S. over their involvement in Libor-rigging will be interviewed by U.K. prosecutors within weeks, two people with knowledge of the probe said.
Stuart Gulliver, the boss of HSBC, has spoken out against the lack of women at the top of what he called the 'pale, male, stale' banking industry.
The US Department of Justice has quizzed BNP Paribas executives as part of an investigation into the potential manipulation of the $5.3 tril-a-day currency market
The European Central Bank has cut interest rates to a new record low of 0.25 percent, but what's really needed to get the region's economy going and reduce the record high unemployment rate is flexible labor markets, say experts.
BT has defended its lavish spending on exclusive soccer rights to show prime European soccer games, telling CNBC that it did not overpay and arguing that customers will get a better deal than they are currently receiving.
A radical course correction for big banks ?
Here's the recent memo Goldman sent on the subject of junior employees and weekend working.
When it comes to compensation, it looks as if 2013 is going to be remembered as a pretty good year to have worked on Wall Street, unless you are a fixed-income trader.
Sad to report.
Read it and weep.
Former ICAP broker Darrell Read was paid close to $920,000 in salary and bonuses in 2010 despite having only a single client: Tom Hayes.
Credit Suisse hired a team of health-care bankers from Barclays led by Punit Mehta as the lender expands its investment-banking business.
The government’s drive to cut red tape and corporate tax has seen the UK move up the international league table for doing business in a year that has seen both rich and poor countries strive to ease regulations on setting up and running companies, the World Bank said.