Royal Bank of Canada has announced that David O’Brien plans to retire as Chair of the Board, effective December 31, 2013.
The Blackstone Group has agreed to pay $85m to settle a lawsuit brought by a group of investors that accused it of misrepresenting some investments ahead of its 2007 initial public offering.
Danske Bank A/S said the financial regulator decided to reprimand Denmark’s biggest bank over its risk controls because of a surge in revenue at its trading unit.
Royal Bank of Canada, Toronto-Dominion Bank and Canadian Imperial Bank of Commerce joined the country’s other lenders in topping analysts’ estimates for third-quarter earnings, lifted by record profits in domestic consumer lending and wealth management.
Vodafone / Verizon Could be 3rd Largest Deal of All Time
The outlook for the UK economy is looking increasingly rosy, new data released on Friday showed, with rising consumer and business confidence and house price gains adding to hopes that the recovery is taking hold.
Nasdaq accepted some responsibility for the "flash freeze" - but only some. There was still some finger pointing in its latest update.
In Yangshi village in the south central Chinese province of Hunan, villagers debate the fate of their fallen hometown hero Zeng Chengjie.
The US economy expanded at a stronger rate in the second quarter than previously estimated, according to figures released on Thursday.
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Global ECM activity falls 5% as third quarter issuance falls 55%.
A former senior trader at Royal Bank of Scotland said he was made a 'scapegoat' for the bank’s own failures in the currency-rigging scandal and that his firing was premeditated.
Ernst & Young, one of the world’s big four professional services firms, has handed out average pay of £700,000 to 696 UK partners in a move that could rekindle concerns about high City pay and market dominance.