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Burberry Boss Collects £10m Less

Pile Of Coins

Angela Ahrendts, the chief executive of fashion label Burberry, has seen her annual take home pay drop by £10m, only days after being named as Britain's best paid boss.

JPMorgan Cutting 1,800 More Jobs

Axe Header

JPMorgan Chase last Friday announced a nationwide round of job cuts in its mortgage servicing unit that would eliminate roughly 1,800 jobs, CNBC has learned.

RBC Up For Wealth Acquisitions

Oliver Twist

Royal Bank of Canada will consider acquisitions of as much as US$4.9bn as it seeks to expand its wealth-management unit, Chief Financial Officer Janice Fukakusa said.



Rubbish Bins

UBS settles 'cr.p' lawsuit

UBS avoided a trial with an agreement to settle a lawsuit in which it was accused of peddling 'crap' securities during the 2007 financial crisis.