The Bank of England has voted to leave UK interest rates at their current record low of 0.5% and decided against a further round of government bond-buying, amid signs of recovery in the UK economy.
RBS becomes a headache for Citi.
The economy is a lot bigger than we think, but no thanks to Kim Kardashian and her cohorts in the world of reality TV.
The hedge fund battle over Herbalife intensified on Wednesday as George Soros has taken a large long position in the nutritional supplements maker, according to sources.
I figure the headline got your attention. After all, s.x sells.
Royal Dutch Shell reported a 20 percent drop in second-quarter earnings on Thursday as higher costs, exploration charges, exchange rate effects and challenges in Nigeria took their toll.
French banking group Societe Generale reported forecast-beating second-quarter earnings on Thursday which more than doubled from the same period a year ago, despite tough conditions in Europe.
Barclays' cash call on Tuesday, aimed at boosting its capital strength and meeting another hefty mis-selling charge, could bode ill for other U.K. banks such as Lloyds, analysts said.
Sad to report.
The head of Citigroup's Asia Pacific prime brokerage, Hannah Goodwin, is retiring after more than eight years at the U.S. bank, two sources familiar with the matter said and Citigroup confirmed.
Barclays appears to be considering ways to defy the strict separation of its high street operations from its investment bank, in a move likely to inflame the debate over whether rules designed to prevent a second banking crisis are being watered down.
Credit Suisse, Switzerland's second biggest bank, is to raise a total of 6.05 billion Swiss francs ($6.2 billion) in fresh capital through a rights issue and private placement, as its new chief executive tries to address investors' concerns.
The Sony Pictures hack left thousands of employees vulnerable and scared, but when the dust settles on their class action lawsuit, the cash doled may not amount to much.