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Morgan Stanley CEO James Gorman’s plan to boost returns has created disagreement among analysts as they debate whether his strategy will satisfy investors. The market says it can.
While the banking industry is being "attacked" from all sides, StanChart's CEO tells CNBC that the Asia-focused bank is looking forward to the year, which has got off to a good start.
On July 20, 1969, as commander of the Apollo 11 lunar module, Neil Armstrong was the first person to set foot on the moon.
The Federal Energy Regulatory Commission has approved a settlement between its Office of Enforcement and Deutsche Bank Energy Trading LLC to resolve an Order to Show Cause proceeding regarding manipulation of California power markets.
Lazard Ltd has announced that Jesse Bhattal has been appointed as a Senior Advisor, effective immediately.
U.K. banks and other finance firms will shed another 18,000 jobs in the first quarter of 2013 after cutting 25,000 in the last quarter, according to a report by a business lobby group.
It sounds like such fun. A Royal Bank of Scotland trader quips "hahaha" in a series of jovial electronic exchanges as he goes about his work.
The World Economic Forum's annual meeting begins in Davos on Wednesday with 2,600 politicians, bankers, tycoons and celebrities competing to get their latest sound bites heard.
Facing up to reality, especially in these dark days of the year, can sometimes be exhausting.
Greece delivered a landslide no vote to the eurozone’s terms for the country remaining in the single currency on Sunday night, unleashing a seismic political shift that could derail the European project.
How far will financial markets fall on Monday morning? Expect to see the leading European share index plunge 10% initially in the event of a no vote, Goldman Sachs predicted at the end of last week.
Royal Bank of Scotland has been warned in a US court that it could face a $13bn (£8.3bn) bill in a case making allegations about its behaviour before the 2008 crisis.