The Serious Fraud Office has ruled there is “insufficient evidence for a realistic prospect of conviction” in its investigation into forex manipulation.
Deutsche Börse and the London Stock Exchange said they expected to cut costs by €450m (£354m) a year as they sought to press on with their agreed £20bn deal and ward off a potential rival bid from the US.
Bank of America has axed three investment bankers from its Brazilian unit and is in the process of eliminating seven from its brokerage in Chile as part of a series of global cuts, according to people with knowledge of the matter.
Virgin Group empire founder Richard Branson is, if nothing else, willing to take risks.
A former shareholder of Promsberbank, a lender whose license was revoked last year, was arrested in Moscow earlier this month as regulators probe trades handled by Deutsche Bank that may have been used to launder money, according to two people with knowledge of the investigation.
If you were wondering where four days of your life went last year, you now have the answer: London traffic jams.
A few coveted Ferraris helped offset weakness in other models at a classic cars auction at Amelia Island, Florida, at the weekend.
Bank of America has promoted A.J. Murphy to head global capital markets, succeeding Jim Probert, who’s leaving after two years in the job and more than two decades at the firm.
Mizuho International, the London based securities and investment banking arm of Mizuho Financial Group has recently hired a number of FIG professionals into its European Debt Capital Markets business.
Unlocking London’s night-time economy will deliver a £4bn boost to the capital and create an extra 70,000 jobs, a new report has found.
Alice Adams loved numbers, having spent more than 10 years in finance as an asset manager for several London-based banks. But she also loved books and secretly wanted to write one of her own.