A higher than expected volume of claims for payment protection insurance compensation has forced Barclays to add an extra £300m to its £1bn provision in a move that indicates other banks might also be facing higher bills for the mis-selling of the insurance.
The US economy is 'expanding moderately', but there are still clouds on the horizon, Federal Reserve chairman Ben Bernanke said in his latest statement on America's financial health.
Britain's economy has sunk into recession for the second time in three years after a dramatic slump across the financial services and construction sectors and a poor start to the year on the high street.
Not quite, but it sometimes feels like it.
All fun and games.
Sad to report.
The protest vote against the pay deals handed out at Barclays may be on course to be larger than first thought, with a quarter of investors failing to support the remuneration report at Friday's annual meeting.
Here's the statement Of Louis J. Freeh before The United States Senate Committee On Banking, Housing & Urban Affairs Tuesday.
Here's the testimony of James W. Giddens: Trustee for the Securities Investor Protection Act Liquidation of MF Global before the U.S. Senate Committee on Banking, Housing & Urban Affairs, Tuesday.
The Securities and Exchange Commission has announced charges against Egan-Jones Ratings Company (EJR) and its owner and president Sean Egan.
GoDaddy, the domain name registration and web hosting company, was valued at more than $5bn on Wednesday when its shares soared by 30% on their floatation on the New York stock exchange.
Former executives from BlackRock and Element Capital Management are looking to mix computer programs and traditional money management for their new macro hedge fund.
HSBC needs to do more to clean up the way it does business and overhaul the culture that exists in some of its operations, according to a report for the US authorities.