An influential committee of MPs will on Tuesday hold a hearing into the potential sale of the taxpayers' stakes in Royal Bank of Scotland and Lloyds Banking Group, as fears grow that the public could be left with a multibillion-pound loss on the shares.
Europe is braced for a crucial 48 hours of high-stakes summitry likely to decide whether Germany and France can strike a grand bargain aimed at dispelling growing pessimism over the chances of the single currency surviving in its current form.
Here's the latest from our Highly Placed Professional.
Here's how Jamie handled it.
CNBC anchor Steve Sedgwick looks at JPMorgan Chase $2bn trading loss and poses 10 big questions for the firm.
Deutsche Bank has announced that its Management Board, which initiated a strategic review of its global Asset Management division on November 22, 2011, has agreed to focus its exclusive negotiations with Guggenheim Partners on a potential sale of RREEF, its global alternative asset management business.
Expensive, this mortgage business.
Japan Target M&A Hits $24 billion, up 1% from 2011
Now this is serious - and embarrassing.
JPMorgan Chase has confirmed that it took a $2bn trading loss after what CEO Jamie Dimon described as 'errors, sloppiness and bad judgement'.
Goldman's best ever day ?
Sergey Aleynikov, the former Goldman Sachs programmer accused of stealing company secrets, violated a confidentiality agreement with the bank — but that doesn’t make it a crime, lawyers for the 45-year-old defendant told a jury Wednesday.
Bank of America has named Diego De Giorgi and Karim Assef as co-heads of global investment banking, pairing a London-based banker who has focused on Europe and emerging markets with a veteran of the business.