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New FCA boss: Time to end banker-bashing

Boxing Gloves

Banker-bashing: it's one of the UK's favourite hobbies. But now the soon-to-be boss of the Financial Conduct Authority (FCA), Andrew Bailey, has said it's time to start using the carrot, rather than the stick.

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Hatchet

ING to cut 5,800 jobs

ING Groep plans to cut about 5,800 jobs in Belgium and the Netherlands over five years to reduce costs as the lender accelerates its digital transformation.

way out

RBC said to cut jobs in London

Royal Bank of Canada (RBC) is cutting 15 investment banking jobs in London amid a slowdown in activity in the region, sources familiar with the matter told Reuters.