Deutsche Bank and Credit Suisse may have to raise more capital because of the need to resolve U.S. claims over the sale of mortgage-backed securities before the financial crisis, Barclays said as it downgraded the two banks.
Worldwide M&A activity totals $1.36 trillion, down 20% compared to YTD 2015
A Brexit vote would dramatically increase risk premiums on UK equities, one macro-research house has argued, wiping more than £400bn off the market.
British Bankers' Association (BBA), the trade body that was heavily criticised for its role as the administrator of the Libor interest rate benchmark, is expected to be merged with its rival associations.
Nearly a fifth of Morrisons shareholders have failed to back the company’s remuneration report in the latest protest against executive pay.
Costs are there to be cut!
'We have been carefully reviewing the situation and contingency planning around a number of areas, including our organisational footprint and where we book business'.
'There's a need for talent which is sparking (this initiative)'
The Securities and Exchange Commission has announced that Morgan Stanley Smith Barne has agreed to pay a $1m penalty to settle charges related to its failures to protect customer information, some of which was hacked and offered for sale online.
The London leg of the Global Race Series takes place on Thursday 22nd September at Guildhall Yard.
The Bank of England is to buy £10bn of bonds issued by private companies, including Apple and other overseas corporations, as it begins a dramatic expansion of its quantitative easing programme.
Fortune reported that she ran the division responsible for opening accounts for customers without authorization.