Unions are threatening to ballot for strike action at HBSC after the UK's biggest bank warned 3,166 staff that their roles were at risk of redundancy.
U.S. regulator Gary Gensler told CNBC that U.S. and U.K. regulators needed to implement an alternative to the scandal-plagued London Interbank Offered Rate (LIBOR) soon.
Drip, drip, drip.
Credit Suisse will probably post higher profit than UBS for a fourth straight quarter when the largest Swiss banks report results over the next week, but...........
RBC has announced a $50,000 donation to The One Fund Boston through its RBC Foundation USA - a charitable entity funded jointly by the bank's Capital Markets and Wealth Management businesses in the U.S.
Michael Helou, a Barclays banker who headed the British lender's financial institutions group in the Middle East and North Africa, has resigned from the bank, three sources aware of the matter told Reuters.
Patients who lost limbs in the Boston Marathon bombings started using walkers to move around Boston Medical Center, met with amputee veterans and began to prepare for prosthetic legs.
Chancellor George Osborne was "spared blushes" thanks to a slightly better-than-expected outturn for last year's public finances, economists said, after official data showed the deficit edged lower.
BP is inaugurating Earth Day as a markedly less "green" company - highlighting how certain business realities have run headlong into the once lofty expectations surrounding alternative energy.
Those pressing for a yes vote in next year's referendum on Scottish independence need to convince voters that the country will prosper under a new currency and macro-economic regime. This will prove difficult, not because the current system is perfect but because all options have drawbacks.
Tom Hayes, the first person to be found guilty by a British jury of rigging Libor rates, has begun an appeal against his conviction and prison sentence.
Diana Cesar was named HSBC’s chief executive for Hong Kong after 15 years with the bank, including her most recent role, as head of retail banking and wealth management in the city.
Credit Suisse will pay more than $80m to settle state and federal authorities’ allegations that it didn’t fully disclose to its clients how it operated its dark pool, according to a person familiar with the matter.