Barclays is weighing whether to recoup some or all of the £290m Libor rate-rigging fine imposed by regulators last year from the 2012 bonus pool of its investment bankers.
Sale of 37-storey New York office to net company $770 million in profit.
A Goldman Sachs lawyer argued to jurors that the founders of speech-recognition pioneer Dragon Systems Inc. are scapegoating the investment bank for their own mistakes in a $580m all-stock sale rendered worthless when the buyer was exposed as a fraud.
Bank of America and Citigroup posted two of the three biggest declines in the Standard & Poor’s 500 Index Thursday, after results fell short of those at rivals as managers had to focus on cutting costs.
By Alastair Fairbrother, Associate Director, Financial and Professional Services, Fishburn Hedges
The "new normal" of slow economic growth, high unemployment and government debt problems could be over in the not-so-distant future, Pimco's Mohamed El-Erian says.
Google has completed a £1bn property deal to move its UK headquarters to a brownfield site in London's King's Cross area.
The US attorney accused of hounding internet activist Aaron Swartz to his death has responded by saying that her office's actions were "appropriate", and that she had only been seeking a six-month sentence in "a low-security setting" rather than the 30 years' jail that his actions might have attracted.
There is such a thing as being too clever, as this employee apparently found out to his cost.
Stockholders will be pleased - employees, less so.
Rolls-Royce’s new chief executive, Warren East, has been forced to issue a profit warning on his second day in the job at the engine maker.
A guide to the next big turning points (that can already be predicted) in the rapidly unfolding crisis in Greece.
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.