Paul Tucker, the frontrunner to become the next governor of the Bank of England, has told MPs he does not want to see the full separation of retail and investment banks.
There's no need to panic, then.
When PPR SA, the French owner of Gucci, sold a stake in its African distributor CFAO in August, it didn’t use an investment bank to handle the transaction.
A former colleague of Kweku Adoboli, the City trader jailed for seven years for gambling away £1.5bn of Swiss bank UBS's money, has set up an online betting company.
Your fund has never had a bad year. But this year that winning streak looks like it will come to an end. The boss, whose name you hardly ever say out loud, is going to fire a lot of people. A lot. But you've got an edge.
The accounting problems at Autonomy were hard to miss, noted short-sell Jim Chanos told CNBC's "Squawk Box" on Wednesday, and HP should have seen them.
Although the noise from HP on Tuesday was about the accusations against unnamed former managers at Autonomy, the real concern should be that the company which Silicon Valley once looked to as the engine of invention is spluttering.
Yep, there's one.
Poor old Kweku Adoboli.
Brevan Howard Asset Management LLP, Europe’s second-biggest hedge fund, is rebuilding in the U.S. after largely pulling out during the 2008 financial crisis.