Credit Suisse named Ali Naqvi as sole head of global markets for Asia-Pacific as the investment bank moves to consolidate the management of its equities and fixed-income businesses in the region.
The Brexit vote is a setback for the government’s attempts to sell off its stake in Royal Bank of Scotland, the chief executive of the bailed-out bank said on Monday.
Sterling tumbled to a 31-year low against the dollar and oil dropped below $50 a barrel as concerns deepened over the impact of Brexit on the UK economy.
A fired Citigroup currency trader, who claimed his bosses made him a scapegoat for the foreign exchange market-manipulation scandal, said he won a ruling that he was unfairly dismissed.
Credit Suisse’s CEO Tidjane Thiam said the bank he’s been leading for a year will neither be dismantled nor sold.
Investors in Standard Life’s property funds have been told that they cannot withdraw their money, after the firm acted to stop a rush of withdrawals following the UK’s decision to leave the EU.
Any UK involvement announced January 1st - June 30, 2016.
Investment banking (IB) fees plunged by more than a quarter in the UK and Ireland in the first half of 2016, new figures show.
The decision by the majority of U.K. voters to leave the European Union (EU) will not affect banking operations, the vice chairman of Barclays told CNBC, adding that the bank had been prepared for the vote.
Truffle Capital, a leading European venture capital firm focused on young innovative companies announces the appointment of Olga Koulechova as Partner and Head of Business Development.
After the Federal Reserve decided to leave interest rates unchanged, bond guru Bill Gross told CNBC he was choked with emotion.
China's sixth-largest lender by assets has raised $7.4bn (£5.6bn) in the world’s biggest initial public offering since Chinese ecommerce retailer Alibaba’s 2014 float.