The jury on the most recent Libor case to go to court in the UK has arrived at a verdict for three of the men charged, but is still deliberating on the other two defendants.
Moody’s has downgraded its outlook for eight UK banks and building societies after last week’s Brexit vote.
One of the City's top lobbyists is in talks with the SNP on making Edinburgh a financial services powerhouse after Scottish first minister Nicola Sturgeon pledged to secure access to the European single market.
London's position as one of the world's premiere financial centres is bound to change in the wake of a vote to leave the European Union.
French prosecutors are recommending that UBS and its French unit face a criminal trial over allegations it helped clients evade taxes following a probe that caused the bank to post a $1.2bn bail to cover a potential penalty, according to a person familiar with the matter.
Global markets erased another $69.2bn from the combined net worth of the world’s 400 richest people Monday, bringing the total since the U.K. shocked investors with a vote to leave the European Union to $196.2bn in the last two trading days.
British retail sales slowed in the run-up to the EU referendum, an industry survey has shown.
The U.K.'s Brexit vote has not triggered a "Lehman moment" in financial markets, the vice-president of the ECB told CNBC on Tuesday.
Sir John Kingman has never chaired a public company, let alone been an important member of the FTSE 100 index, but suddenly his arrival at Legal & General looks inspired, or at least less of a gamble.
Britain’s boffins may find time to vacate their libraries and science labs this evening – for they have reason to celebrate.
London's financial industry woke up this morning to a fresh warning that Brexit could cap the size of the sector in the City.
Cooperman says the SEC charges are "without merit" and he plans to fight them.