Two former Deutsche Bank workers were indicted in the US yesterday evening on allegations of manipulating US dollar linked Libor.
A former JPMorgan trader who was indicted in relation to the London Whale’s losses became the latest banker to go to court over claims a U.K. regulator improperly identified him in a report about the scandal.
BHS department stores are to disappear from British high streets after almost 90 years, with 11,000 workers losing their job.
After a tough first quarter, M&A activity is picking up again, said John Waldron, co-head of the investment banking division at Goldman Sachs.
Tata Steel is close to a deal with the government to keep its UK business rather than sell it off, which would secure the future of 11,000 workers and the Port Talbot steelworks.
'Protecting Friday Night'.
'They hopefully arrive without battle scars, judgmental opinions, negativity, sarcasm or jadedness'.
When it comes to bankers’ pay, fairness is very much in the eye of the beholder.
Deutsche Bank’s head of Russian operations, Pavel Teplukhin, will step down in August as the lender scales back its local business in the wake of a money-laundering scandal.
Bank of New York Mellon has appointed David Cruikshank as chairman of Asia-Pacific, replacing Stephen Lackey who becomes vice chairman of BNY Mellon Pennsylvania.
Sir James Dyson, the billionaire inventor, has said there is no reason for businesses in Britain to be uncertain as a result of the EU referendum and that they would be mad to withhold investment on the back of the vote.
'People apparently were making bad choices to hang on to their job'