Will it get any better in the second-half ?
A prize of 100,000 euros ($130,000) will be given to the best plan for the U.K. to leave the European Union, a free market think tank announced on Tuesday.
Hedge fund founder John Paulson is betting big on the telecom sector and it's paying off big-time. The latest win could be AT&T's $1.9 billion deal for Leap Wireless.
Bernie Madoff got 150 years in clink for his $65bn Ponzi scheme. In China, financial felons don't get off so lightly.
Russian trader George Urumov, accused by a British-based subsidiary of one of Russia's largest financial groups of fraud totalling $183m, denied participating in false trades and paying bribes to colleagues in London's High court on Monday.
U.K. bankers earning more than 1 million euros ($1.3 million) in 2010 and 2011 outnumbered all of their counterparts in the rest of the European Union put together, a new report showed, although the average pay of U.K. bankers fell.
UBS Chairman Axel Weber said the bank is 'on the right path' with its plan to reduce debt trading and focus on wealth management to boost profitability.
Goldman Sachs Group quarterly profit doubled as the bank made more money trading bonds before an interest-rate spike hit markets in June.
A big hire for Barclays.
The Manhattan judge hearing the Fabrice Tourre securities-fraud trial urged lawyers to 'have a heart' and not assume jurors speak Wall Street.
Preparing for a possible stampede, the Irish discount retailer Primark had set up row upon row of crowd control barriers in front of its flagship Boston store – its first in the US. It didn’t need them.
Bank of America CEO Brian Moynihan was granted the additional title of chairman by the company and the board last year even though shareholders had voted five years earlier to separate the positions.
George Osborne has received a new warning about the potential impact of his new tax on banks amid concerns it will impede new entrants to the sector.