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Ex-Barclays execs launch Arabesque

Barclays Canary Wharf

A group of former Barclays executives are launching a London-based asset management firm that combines socially responsible and Islamic investment principles, seeking to build crossover appeal among both investor segments.

Ex-Deutsche CEO not to blame for tragic suicide

Josef Ackermann

In his first public comments since resigning from Switzerland's largest insurer after being named in the suicide note of its finance chief, Josef Ackermann said it was unfair to blame him for what he called a surprise tragedy.

Carney warns of UK 'false dawn'

Mark Carney

Bank England Governor Mark Carney said the central bank was ready to act if the U.K.'s fledgling recovery failed to materialize, and recommended limiting how much homeowners could borrow should the housing market overheat.