The second-in-command at Standard Chartered stands to receive a pension worth almost £500,000 a year when he leaves the emerging markets-focused bank at the end of 2016.
Nearly a dozen people accused of manipulating a key rate of lending between European banks are due to make their first appearances in court this week in the latest of several rate rigging prosecutions brought by the Serious Fraud Office.
Fresh strikes by London Underground drivers look set to go ahead as the long-running row over Night Tube working conditions continues.
Dangerous cocktails were in evidence in many a bar during the Christmas and New Year holidays.
Londoners spend on average over £6,000 on their jobs each year just getting to and from work, as well as buying work-related items, new research has shown.
Rarely have financial markets had a more traumatic start to the year. Shares plunged, the price of oil clattered to its lowest level in 11 years, trading on the Chinese stock market was halted twice, and the World Bank warned that a “perfect storm” might be brewing.
The Financial Conduct Authority is "not going soft on banks", its interim chief executive Tracey McDermott said after the regulator dropped probes into the banking industry.
Regulators on Friday banned Point72 Asset Management's Steven Cohen from supervising hedge funds until 2018.
Happy new year, investors. US stocks have suffered their worst first week of the year since records began.
Credit Suisse has named David Kostel and Punit Mehta as global co-heads of healthcare investment banking, according to an internal memo reviewed by Reuters on Wednesday.
UBS flagged suspicious transactions linked to 1Malaysia Development Bhd to the Monetary Authority of Singapore, prompting an investigation of the accounts involved, a person familiar with the matter said.