Deutsche Bank, which runs Europe’s biggest investment bank, may be the biggest contributor to systemic risk among the largest lenders, according to the International Monetary Fund.
JPMorgan is the latest bank to take on financial technology startups, starting a new program to foster these companies in-house as they try to find ways to operate faster, with more security at a lower cost.
UniCredit has appointed French investment banker Jean-Pierre Mustier as its chief executive on Thursday, a choice that is likely to lead to a multi-billion euro capital increase and asset sales to boost the bank's financial strength.
Jerome Kerviel has spent years insisting he wasn’t solely to blame for the record trading loss that almost sank Societe Generale. The French legal system that sentenced him to three years in jail is starting to agree.
Bank of America has promoted Ashok Krishnan to lead electronic trading worldwide.
HSBC has confirmed for the first time since last week's referendum that the UK vote to quit the European Union will not lead to the bank moving its headquarters from London.
JPMorgan on Wednesday won the dismissal of three private antitrust lawsuits, including from hedge fund manager Daniel Shak, accusing the bank of rigging a market for silver futures contracts traded on COMEX.
Mergers and acquisitions may become a less attractive option after a record number of deals failed this year, according to analysts at Goldman Sachs.
The European Union has suffered a downgrade of its long-term credit rating following the UK’s Brexit vote last week.
'A perfect storm of challenges'.
Ideas for a regional visa system have been set out by the local authority for London’s financial district in an attempt to avoid staff shortages after the vote to leave the EU.
Artificial intelligence will be "nearly as momentous" as the advent of the internet, if not as important, said George Lee, co-chairman of the global technology, media and telecom group at Goldman Sachs .
US bank Citigroup would relocate almost 1,000 jobs outside of the UK if the government is unable to secure passporting for financial services.