Britain is this week expected to emerge from recession, with the Olympics providing a much needed boost to the economy in the third quarter. Analysts expect a 0.6% rise in GDP, lifting the economy out of the longest double-dip recession since the second world war. GDP declined over the previous three quarters.
The UK's largest companies are failing to promote female executives to senior management roles, potentially creating a shortage of women qualified to fill future boardroom roles and undermining initiatives to appoint more female directors.
Yes, it's that man Greg Smith again. Is this the dirt we've all been waiting for ?
Barclays is cutting just under 10% of staff in its equities division in Europe, Middle East and Africa as part of a plan to reduce costs amid a slump in trading volumes, said people with knowledge of the matter.
A regular Citigroup board meeting to talk about quarterly results took an unexpected turn on Monday night, when simmering tensions between Chairman Michael O'Neill and then CEO Vikram Pandit came to a boil.
Fortune has just released its top 40 business stars under 40. Here's the top 10.
Morgan Stanley CEO James Gorman is set to lose stock once valued at almost $2.9m as the bank misses profitability and share- performance goals.
John Mack, former chairman and CEO of Morgan Stanley, spoke with Bloomberg Television's Erik Schatzker and Stephanie Ruhle on 'Market Makers' about Vikram Pandit's departure from Citigroup, saying that 'there was a view clearly by shareholders that change was a good thing'.
Computer hackers and other foreign adversaries pose an increasingly grave challenge to the U.S. banking system, PNC Financial Services CEO James Rohr told CNBC Thursday, adding that growing cyberthreats 'could really disrupt this country'.
The family of the Bangladeshi man accused of trying to blow up New York's Federal Reserve have expressed disbelief over his involvement in the FBI sting operation.
The Securities and Exchange Commission has charged Goldman Sachs with violating the market access rule in connection with a trading incident that resulted in erroneous executions of options contracts.
Finding top talent is a growing challenge for UK businesses, and new survey results published today from Upwork, the largest online talent marketplace, show that traditional hiring methods are compounding the problem.
McDonald's customer satisfaction ratings are getting worse, and it's dragging the rest of the fast food industry down with it, according the American Customer Satisfaction Index Restaurant Report 2015.