Job vacancies at London’s financial-services companies fell 12% cent last month, as tougher rules on capital deter banks from hiring.
Once fabulous, now faded.
Goldman Sachs and the London Metal Exchange are restraining aluminum supplies and driving up the metal’s price in violation of federal antitrust law, according to a lawsuit.
Stepping down less than a year after his appointment.
Bank of America traders lost money on seven days during the second quarter, including $54m on one of them, ending the perfect streak of gains set during the first three months of the year.
HSBC delivered slightly worse than forecast profit of $14.1 billion for the first half of 2013, as chief executive Stuart Gulliver's cost-cutting campaign continued.
The Bank of England is expected to signal this week that interest rates will remain low for several years to spur the economy, despite growing evidence that the recovery is gathering pace.
So here it is, the dawn of a glorious new era for Royal Bank of Scotland.
August is traditionally deadsville for equity trading, but it's particularly dead for the IPO business. Everyone shuts down until September. Not this year. Next week the IPO calendar is packed.
Britons are feeling more upbeat about their job prospects than they have for five years, according to new research, which follows a raft of positive economic data boosting hopes the country's economic recovery is here to stay.
Charles Li, the chief executive of Hong Kong Exchanges & Clearing, said he followed internal hiring procedures in his former role as the China chairman of JPMorgan.
Wall Street banks may have finally hit on a way to pinpoint the value of analysts and squeeze more money from their research: Stop making it so easy to share.
Bankers, lawyers and regulators have been hired to join the City watchdog’s enforcement panel, the influential body that oversees the punishments handed out to wrongdoers.