Bank of England (BoE) governor Mark Carney's new unemployment mandate will face its first test on Wednesday, when the U.K. will release unemployment numbers for July.
The honeymoon is over for Japan's prime minister, Shinzo Abe.
Stupid silly bankers.
Here's the latest from our Highly Placed Professional.
UBS agreed to pay $120m to settle claims by investors in Lehman Brothers securities in a lawsuit tied to the investment bank’s 2008 collapse.
US Government authorities are planning to arrest two former JPMorgan Chase employees suspected of masking the size of a multibillion-dollar trading loss.
Wall Street is offering a cop test.
Deutsche Bank may be told as soon as this month by the German financial regulator to improve its controls to prevent a repeat of attempts to manipulate benchmark interest rates, according to a person familiar with the matter.
Banks and other financial services businesses accounted for 48%* of all private sector interim management roles over the last twelve months as the whole sector grapples with dramatic change, says Interim Partners, a leading provider of interim management solutions.
Another day, another trader making the headlines.
The former chief executive of Volkswagen, Martin Winterkorn, will net a €1m (£740,000) annual pension from a €28.5m pot held with the disgraced carmaker, and could be in line for a €3.2m payoff after quitting on Wednesday.
Deutsche Bank has benefited from lower funding costs in part because investors confused it with Germany’s central bank, said Stefan Krause, a member of the company’s management board.
Standard Chartered has awarded its new boss Bill Winters £6.7m in shares, the bulk of which is intended to compensate him for quitting the hedge fund he was previously running.