Shares in the London Stock Exchange jumped nearly 9% after the owner of its New York rival said it was pondering an offer for the company, sparking the prospect of a bidding war.
Barclays' share price fell this morning after revealing a slump in profits and revenues for the full year, and a major new strategy ahead of future ring-fencing.
Glencore, the FTSE 100 mining and trading company, has reported a 70% fall in annual profits as the commodities slump took its toll on the mining sector.
Royal Bank of Scotland (RBS) revealed today that its top bosses have bought up nearly £1m in shares in the lender, just days after the taxpayer-backed bank reported disappointing results for 2015.
Economic wonks at UBS have calculated the British pound could fall to equal value to the euro, if the UK does decide to quit the European Union in the vote set for 23 June.
China’s central bank has stepped up action to bolster its cooling economy by loosening the rules on banks’ cash reserves in the hope that they will offer cheaper loans.
The European Central Bank is under growing pressure to step up support for the eurozone’s flagging economy after the bloc slipped back into negative inflation in February.
Hedge fund managers may have to face some upheaval in their industry this year.
It's not all doom and gloom in the financial markets (at least for some).
A cut is likely to be higher than the 5% cent who are typically axed each year at the investment bank.
The UK could be set to add another layer of scrutiny to its senior managers regime, by adding a requirement that bankers stick to the Bank for International Settlements' (BIS) new global code of conduct for the FX market.
A third Barclays foreign exchange trader suspended amid regulatory probes into potential currency manipulation has sued the bank for unfair dismissal.
Wells Fargo was recently fined for opening fee-generating accounts without authorization.