Jason Goldberg, Barclays senior analyst, discusses the banking sector going into earnings season and why big banks are still valuable.
Tata Steel has agreed the sale of its UK long products business to investment group Greybull Capital for a “nominal” fee in a deal that will revive the British Steel brand and could save 4,400 jobs.
It is only April, but some on Wall Street are already predicting a rotten 2016 for U.S. banks.
Goldman Sachs awarded CEO Lloyd Blankfein a $7m bonus to be paid out over eight years if the firm meets certain targets, bringing his total compensation for last year to $30m.
An ex-Barclays trader accused of fixing a key financial benchmark for personal gain stood to earn a bonus of only $172.50 for his role in alleged rate-rigging in 2007, a London court heard on Friday.
JPMorgan urged shareholders on Thursday to vote against appointing a committee to explore a break up of the bank, reiterating that splitting its businesses would not be in investors' best interests.
French tax police searched Societe Generale's headquarters this week as part of an investigation into offshore accounts revealed by the Panama Papers, the bank said on Sunday.
Banks and asset managers are poised to win an exemption in rules for trading derivatives from European lawmakers, who already said they would give them a one-year delay of new financial regulations.
Wells Fargo admitted to deceiving the U.S. government into insuring thousands of risky mortgages, as it formally reached a record $1.2bn settlement of a U.S. Department of Justice lawsuit.
B&Q has withdrawn an advertisement for jobs at its Swindon warehouse that required jobseekers to work three days’ “induction” for free and pay for a drugs test.
Boutique banks are taking more deal flow from the biggest firms on the Street.
Panama's government has revealed assets held by its banking system had grown by over $4bn (£3.1bn) in the first half of the year alone, as the country continues to work towards more transparency in its financial services sector.
An unusual move in a sector where bonuses are viewed as crucial to performance and preventing talent from moving elsewhere.