The Chairman of the firm responsible for the UK taxpayers' stake in Lloyds and Royal Bank of Scotland says RBS could face further fines from regulators over sales linked to the US sub-prime mortgage crisis
A new study out of Schwab's IMPACT conference finds that investment advisors are expecting great growth ... along with a bombardment of competition.
While most of the private jet market is weak, some owners of Gulfstream's top-of-the-line G650 are "flipping" the planes for big profits.
Compensation for Wall Street’s equities salesmen and traders is expected to rise in 2013, while total pay for employees in fixed-income units may drop 10%, according to recruitment firm Options Group.
Goldman Sachs won’t make any 'wholesale strategic change' to help improve returns, CEO Lloyd Blankfein said.
With auto sales around the world surging to a record level, Nissan is betting a new, world-class assembly plant in Mexico will position the Japanese automaker for a new wave of growth.
The euro could be in danger of disappearing within the next decade if France does not continue pushing economic reforms, BlackRock Capital boss Larry Fink said Tuesday.
The Winklevoss twins may say that bitcoin resembles "gold 2.0," but CEO of Euro Pacific Capital and Peter Schiff says the somewhat mysterious online currency more closely resembles tulip mania 2.0.
ICAP, the world’s largest broker of transactions between banks, said it expects full-year profit to rise after eliminating jobs and cutting compensation.
Switzerland's prosecutor said it is investigating former UBS banker Renzo Gadola, who received a light sentencing in the U.S. two years ago in return for becoming a informant on wealthy American tax cheats.
Jes Staley begins his first day as chief executive of Barclays with a loss of almost £300,000 on the shares he bought last month to show his commitment to the role.
Credit Suisse has appointed Johnson Chui as head of equity capital markets (ECM) for Asia Pacific and created an investment banking role for frontier markets, both part of new senior appointments in Asia, according a person familiar with the matter.
Wells Fargo and Morgan Stanley became the latest big banks Monday to promise to cut their support for the coal industry in the name of reducing the pollution blamed for global warming.