Topics at Warren Buffett's private dinner with Bank of America's Brian Moynihan 'very likely' included his $5bn investment in BofA, whose shares have more than doubled since Buffett's investment in August 2011.
It's early days. Mark Carney is still finding his feet as the new governor of the Bank of England. Financial markets get things wrong with stunning regularity.
Almost two thirds of Britain's financial services firms have raised salaries for their top employees to compensate for an incoming European Union cap on bonuses.
Male U.K. company managers earned average bonuses over the past year that were twice as big as their female counterparts, according to the Chartered Management Institute.
Firm to scale back after worst monthly loss since June 2008.
First Gulf Bank said it’s planning new hires for its investment banking business and is seeking to double the share of profit from its international unit in five years.
The Justice Department is looking into whether JPMorgan Chase improperly manipulated energy markets in the United States, according to a report by The Wall Street Journal.
Sad to report.
The performance of U.S. equities has far surpassed the debt markets so far this year, and investors are hoping the trend will continue. But do stocks really have that much of an edge over bonds?
W&G Investments is bidding for the branches RBS has to sell by 2014 to comply with EU rules.
Russia's recent economic turbulence, weakened ruble and high inflation could be coming to an end, according to a chief financial officer in Russia.
The Bank of England is likely to keep interest rates on hold until the middle of next year rather than raising them sooner, following a gloomier outlook for the global economy, according to the economic forecaster CEBR.
A reputation for economic competence can be lost in a day and take a generation to win back. Ask the Conservatives.