FOX Business Network Senior Correspondent Charlie Gasparino reports that the competitor social media site to Facebook, Twitter 'is re-evaluating the timing for a possible IPO following Facebook’s problems'.
14% of global banking organizations have ‘clawed back’ compensation payments made to employees while a further 3% of organisations have reclaimed the payments but have yet to receive the pay back.
The trader at the centre of the criminal investigation surrounding JPMorgan's $5.8bn trading loss has hired a lawyer in Paris, two sources familiar with the investigation told Reuters Thursday.
HSBC, which is under investigation by U.S. regulators for laundering funds of sanctioned nations including Iran and Sudan, is in talks to settle the matter, two people with knowledge of the case said.
Royal Bank of Scotland's involvement in the Libor rigging scandal could be worse than Barclays' and may force the state-owned bank to pay a bigger fine than its UK rival, an MP has claimed.
HSBC’s credit rating outlook was cut by Standard & Poor’s, which questioned whether the lender is too big to be managed effectively in the wake of regulatory scandals in the U.S. and Europe.
A former trader for Royal Bank of Scotland Group has claimed that the bank's internal checks were so lax that anyone could change Libor rates.
Peter Thiel’s decision to sell almost all of his stake in Facebook so soon after the company’s initial public offering has few precedents in Silicon Valley, where venture capitalists typically hold shares longer.
The Sun newspaper has published those naked pictures of Prince Harry 'because we think Sun readers have a right to see them'.
Bank of America has appointed Sharon Allen, former Deloitte LLP Chairman, Jack Bovender, former HCA Inc. Chairman and CEO, Linda Hudson, President and CEO of BAE Systems, and David Yost, former CEO of AmerisourceBergen Corp., as new directors. The appointments are effective immediately.
The late news from the make-or-break talks in Brussels was no news at all, really. There were a few encouraging words for the progress Greece is making on its reform plans. Athens also ordered a €750m (£535m) repayment to the International Monetary Fund. But an agreement on releasing €7.2bn of bailout funds? No.
Almost eight years after the collapse of Lehman Brothers some eurozone banks are just as vulnerable to collapse as they were before crisis hit in 2008, according to research by a UK-based academic published on Tuesday.
Shareholders in Lloyds Banking Group are being urged to vote against a “highly excessive” £11.5m pay deal for António Horta-Osório, the boss of the bailed-out bank.