Apparently the unanimous vote in Washington is not extinct.
U.K. banks will be need to raise an extra 25 billion pounds ($38 billion), the Bank of England's Financial Policy Committee (FPC) said on Wednesday, detailing the capital shortfall facing the country's financial institutions.
Time to follow your dream ?
The European Parliament may ease a planned ban on fund-manager bonuses that exceed fixed pay if investors are allowed to vote on the larger awards, the lawmaker leading work on the standards said.
You have an idea for an app ? Of course you do.
Warren Buffett’s Berkshire Hathaway is poised to become one of Goldman Sachs’ largest shareholders without paying anything after the companies agreed on a plan to settle warrants granted at the height of the 2008 financial crisis.
Credit Suisse has announced that it has signed an agreement to acquire Morgan Stanley’s wealth management businesses in Europe, Middle East and Africa (EMEA), excluding Switzerland.
Deutsche Bank may have its credit rating cut by Standard & Poor’s after the lender reduced its reported profit for 2012 amid rising legal costs.
Michael Dobson, the chief executive of fund management group Schroders, took a £1m cut to his pay last year after receiving a £5.37m package, down from £6.37m in 2011.
That's quite a comeback by Dame Clara Furse.
Societe Generale’s head of structured products for the Americas is shifting to another role within the bank, and at least two other team members in the U.S. are leaving amid a reorganization.
Three officials from the bank that almost bankrupted Ireland have become the first bankers to be jailed for offences related to the Republic’s financial crash.
Central banks in the Western world have set the scene for an "even bigger version" of the 2007-2008 global financial crisis, Societe Generale's bearish strategist Albert Edwards has claimed.