Hundreds of job cuts, more branch closures and a move to offload millions of pounds of pension expenses to employees are among the latest attempts by Royal Bank of Scotland to slash costs.
Several major UK banks including HSBC, Barclays, Royal Bank of Scotland and Lloyds Banking Group along with the Lloyd’s of London insurance market have signed up to a new voluntary charter aimed at getting more women into senior roles in the finance industry.
Some of the biggest shareholders of Deutsche Boerse are cautioning management not to overpay for London Stock Exchange if a counteroffer emerges, according to people familiar with the matter.
The future of BHS is to be decided at a hotel in west London on Wednesday morning when the 90-year-old chain’s creditors will vote on whether to back a rescue deal.
Four of the 17 members of the Federal Open Market Committee have publicly indicated their disagreement with the dovish guidance in last week's policy statement.
3 steps to break up the bank.
Shamed and humiliated.
Deutsche Bank's finance chief said the first two months of 2016 were the worst start to a year for banks in general that he has seen in his banking career.
Goldman Sachs plans to close a branch in Geneva to streamline operations, according to a person briefed on the situation.
JPMorgan promoted James Banghart and Matthew Greenberg to co-heads of emerging-market credit trading, replacing Robert Milam, who left last month amid volatility in the asset class and a raft of departures.
London could bear the brunt of a post-Brexit vote downturn, according to economic indicators in the weeks since the EU referendum pointing to job cuts, falling house prices and a decline in business activity in the capital.
“When is it my fucking year?”
The Royal Bank of Scotland (RBS) will become a name of the past for the majority of people across the UK, its chief executive said yesterday.