The Financial Times reports that a New York institutional investor is urging shareholders of Goldman Sachs to vote against the re-election of James Johnson, the company’s longest-serving director.
Aviva's European chief, Igal Mayer, and two other executives have fallen victim to a major shakeup at the insurer that will see the regional layer of its management structure stripped out.
From Westminster to the Square Mile, speculation is rife about who will be the next governor of the Bank of England, even though it is another 12 months before the Queen has to anoint a successor to Sir Mervyn King.
He ain't gonna go quietly.
This does look quite positive.
Bloomberg reports that the worst may be yet to come in the global financial crisis as the central bank spending that kept defaults low runs out, according to Deutsche Bank.
At least you can rest easy if you work for this firm.
Europe's banks risk triggering a major credit crunch if they all take drastic action to repair their balance sheets at the same time, the International Monetary Fund said on Wednesday.
Partner brokers for Standard Chartered’s Financial Markets business will donate Thursday’s trading fees to 'Seeing is Believing', a global initiative aimed at tackling avoidable blindness.
Navinder Singh Sarao, the 36-year-old British futures trader charged with contributing to a sudden plunge in American stock markets, has not met the conditions of his bail, his lawyer said Wednesday in a London court. He has remained in custody since his arrest on April 21.
Royal Bank of Scotland has plunged to a loss in the first three months of the year, weighted down by £856m of conduct and litigation charges.
BNP Paribas posted better-than-expected 17.5 percent growth in first-quarter net income on Thursday as the French bank saw a long-awaited revival in euro zone loan demand.