Citigroup named Elissar Farah Antonios as CEO officer for the United Arab Emirates as the bank seeks to expand in the Persian Gulf region.
Swiss investment bank UBS reported net profit for 2015 ahead of analyst expectations, but warned of continued headwinds.
Nomura Holdings’ third-quarter profit fell 49% as brokerage commissions and investment-banking fees slumped and the firm posted another loss abroad.
Consumer confidence in the UK has dropped for the first time since 2013, according to survey figures published this morning.
Rolls-Royce has won a significant boost after budget airline Norwegian agreed a $2.7bn (£1.9bn) deal to buy engines from the beleaguered company.
BP has appointed Lamar McKay to the new post of deputy group chief executive in a shake-up of the oil giant’s top team.
Private bank Julius Baer is considering whether to bid for Barclays' Asian private wealth business as part of the group's acquisition campaign, Chief Executive Boris Collardi told Reuters on Monday.
New research has found English is lacking in the language of positivity: in short, we don't have all the right words to describe the subtle express joy as other languages.
Additional actions are likely against private trading venues run by some of Wall Street’s biggest banks, the nation’s top securities regulator and New York state’s attorney general said today as they announced record settlements with two global banks over their so-called dark pools.
Boots is to cut up to 350 jobs in the UK as the pharmacy chain looks to reduce costs in its larger stores.
Deutsche Bank’s John Cryan will try to convince investors this week that his efforts to turn around Europe’s biggest securities firm will succeed. It’s a narrative that’s becoming harder to sell.
JPMorgan and a U.S. Bancorp unit failed to stop executives at now-defunct Peregrine Financial Group from stealing their funds on deposit, according to former customers who lost money in a $200m swindle.
Dozens of former Credit Suisse advisers who have been fighting for their deferred compensation after leaving the bank last year scored a partial victory on Friday when the brokerage industry’s main regulator said member firms cannot make workers waive their rights to settle disputes in the regulator’s own arbitration forum.