If these five firms were celebrities, who would they be ?
Faced with some Republicans shrugging their shoulders at the thought of the U.S. defaulting on its debt obligations for the first time ever, notable economists are warning that the consequences would be the economic equivalent of a swarm of frogs and a plague of locusts.
Barclays has appointed John Miller to the newly created role of head of banking for the Americas and named Paul Parker to oversee mergers and acquisitions globally.
Jamie Dimon likes to point out that JPMorgan was 'a port in the storm' during the financial crisis, but five years later, the bank now finds itself under the cloud of what could be one of the largest fines in U.S. history.
The trustee seeking to recover money for the victims of Bernard Madoff’s Ponzi scheme asked the Supreme Court on Wednesday to review a ruling that prohibits him from suing several of the world’s largest banks that he contends aided the fraud.
Meredith Whitney, who built her own Wall Street advisory firm after winning renown for a 2007 call on Citigroup, deregistered her brokerage unit after three unprofitable years and is setting up an investment fund, according to industry records.
David Burkus is the author of 'The Myths of Creativity: The Truth About How Innovative Companies and People Generate Great Ideas'. He is the subject of our latest 60 second interview.
The Bank of England has rejected calls for a rise in interest rates despite a strong run of surveys showing the economy is recovering at its fastest pace since 2010.
Staff at this top firm may soon be having their year-end bonus expectations managed.
These words are 'too beautiful to live long, too amusing to be taken seriously and too precise to be common'. In other words, words you need to start using now.
Inflation was negative for a second successive month in October, at -0.1%, as price cuts for food and the fading impact of student fee rises kept a lid on the cost of living.
Revenue at the world's 10 largest investment banks is on course to decline again in 2015 by 2% to $148bn compared to a year ago, although a strong showing in equities will limit the fall, a survey on Tuesday showed.
Banks could face an exodus of crime-fighting staff, as most compliance officers – who are responsible for making sure banks obey the law – want to quit their jobs.