Senior managers at EDF have told MPs that they remain convinced that the French state-controlled group should postpone the Hinkley Point project until it has solved a litany of problems, including the reactor design and multibillion-euro lawsuits over delays on similar schemes.
Leaving the EU would hit British living standards, stoke inflation and wipe up to 5.5% off GDP, the International Monetary Fund has warned with less than a week to go until the referendum.
If you send your friends or work colleagues at Goldman Sachs an email with any of the 180 phrases in that are said to be scrutinized by the firm's monitoring system, there's a strong chance it will be flagged.
Costs increase and capital markets activity decline.
Pacific Investment Management Co. cut its workforce by 68 people, or about 3%, and is offering buyouts as assets under management have fallen in recent years, according to a memo obtained by Bloomberg.
Credit Suisse said an internal investigation has found no evidence that a former banker, Sérgio Firmeza Machado, used his position at the bank to help his father funnel illicit campaign donations to Brazilian politicians as part of a sweeping corruption scandal.
A former Goldman Sachs banker who pleaded guilty to receiving documents that had been misappropriated from the Federal Reserve Bank of New York has been banned from the financial industry.
HSBC has reached a settlement with shareholders after a dispute over its acquisition of Household International, back in 2003.
A Goldman Sachs banker who is said to have forged close links with a Libyan investment fund set up during the Gaddafi era feared for his life when it emerged that trades the bank had executed for the fund had turned sour, according to evidence provided to the high court.
Convicted rogue trader Jerome Kerviel got to play French judges a covert recording he hopes will unravel years of claims that he was solely responsible for Societe Generale’s $5.5bn trading loss nearly a decade ago.
Psst! Is the coast clear? As son James Murdoch takes the chair again, it’s natural to ask whether dad’s Fox will try to reach for the whole of Sky once more.
The Bank of England will not take instructions on its policies from politicians, its governor, Mark Carney, has said, just a week after Theresa May took a swipe at the impact of the Bank’s actions on “ordinary” people. Speaking at Birmingham town hall as part of the Bank’s Future Forum event on Friday, Carney said it became difficult for the Bank when politicians commented on its policies rather than its objectives.
Scrapping bonuses and capping directors’ pay are among a number of ideas being considered by a powerful City investor in an attempt to curb executive remuneration.