Will opportunity strike for back and middle office staff as banks take the knife to costs during these tough times ?
What does this tell us about 2012 bonuses ?
Royal Bank of Scotland has suspended its head of rates trading for Europe and the Asia-Pacific region, the first senior manager to be put on leave as part of the lender’s probe into allegations of Libor-rigging, two people with knowledge of the move said.
Financial titans are warning that the government's inaction in the face of the approaching fiscal cliff poses real risks to an economy that's already saddled by halting growth and a burgeoning debt load.
Blackstone Group, manager of the world’s biggest property fund, is collecting on $2bn of bets it made mostly on London developments in the last five years as banks shunned similar investments.
James Coyne, governor of the Bank of Canada during one of the central bank’s most tumultuous periods, died on October 12th, the bank said Sunday in a statement. He was 102.
Citigroup has reported a $468m profit for the third quarter, beating analysts’ estimates on a $582m tax benefit and a surge in bond-trading revenue.
FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports the House Financial Services Committee demanding documents from the New York Federal Reserve during the time it was headed by Treasury Secretary Timothy Geithner and that these documents may be released 'as early as Monday'.
Being the world's biggest search engine isn't enough for Google; the firm is now venturing into the business of suppplying credit cards as well.
Pick a number.
David Cameron told a fellow EU leader that it “might be better” for Greece to withdraw from the eurozone to allow it to fix its economy, according to a leaked diplomatic document.
Tesco faced a backlash from shareholders over rewards for top executives and low pay for staff at its annual shareholder meeting on Friday, despite reporting better than expected trading.
Eurozone finance ministers and Greece’s creditors are to draw up emergency measures on Saturday to cope with a default by the debt-ridden country unless the Greek prime minister, Alexis Tsipras, accepts the creditors’ terms for a five-month extension of Athens’ bailout.