Barclays is ordering roughly 8,500 iPads for front-office staff in its 1,600 branches - an average of five per branch - in one of the largest uses so far of Apple's tablets in an enterprise, and one of its first in a UK high street bank.
Four months after a massive trading-technology glitch that cost it nearly half a billion dollars, Knight Capital Group is on the block, say people involved with the discussions, and could be merged in to one of its chief competitors.
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced its Nuveen Asset Management affiliate has appointed Bob Doll as Chief Equity Strategist and Senior Portfolio Manager
After nearly four years in office, SEC Chairman Mary L. Schapiro has announced that she will step down on Dec. 14, 2012.
The head of Canada's central bank Mark Carney has been appointed as governor of the Bank of England, a move that surprised the City where many had expected Paul Tucker, one of the Bank's two deputy governors, to get the top job.
Here's a statement you don't see often in fund managers' results: "We continue to work to moderate the scale of inflows." That's Aberdeen Asset Management talking about its GEM, or global emerging markets, business.
And it's all UBS's fault.
Here's the Top 10 in Fortune's 2012 Businessperson of the Year ranking.
Bank of Canada Governor Mark Carney was unexpectedly appointed as the next head of the Bank of England, succeeding Mervyn King.
UBS is seeking to block a U.S. lawsuit over billions of dollars in mortgage bonds in a case that could set back government efforts to recover losses Fannie Mae and Freddie Mac incurred in the housing crisis.
A group of former Deutsche Bank employees are being investigated as part of Frankfurt prosecutors’ probe into trades that gave investors controversial tax benefits on dividends.
Bank of England Governor Mark Carney ordered the finance industry to observe new rules on market conduct and threatened an even tougher regime if traders and bankers fail to comply.