HSBC may have to reconsider its options for who it wants to replace chairman Douglas Flint, as a top candidate eyes up a post in politics.
The chairman of RBS, Sir Howard Davies, has backed calls for a transitional deal with Europe when Britain leaves the union, warning of the risk to banks if they swiftly lost access to the single market and passporting rights.
European banks may reach faster, less costly settlements with the U.S. Department of Justice as a result of Donald Trump’s unexpected triumph in the U.S. presidential election, according to Barclays analysts.
Donald Trump mined deep discontent running through America and struck gold.
The battered pound has notched up its best two-week performance in eight years after the surprise US election result took investor focus off the UK’s Brexit challenges.
Britain is in store for a hard Brexit that will hit the UK economy and lay bare the deep divisions in British society, a leading ratings agency has warned.
It's not all roses in the financial markets, with many likely to receive low (or no) bonus, and under constant threat of losing their jobs.
Here's our best estimates of when 2016 bonuses are likely to be announced / paid.
Deutsche Bank upgraded Goldman Sachs stock to buy from hold, saying it seems well-positioned for a stronger macro environment.
Women dominate the upper reaches of Forbes magazine’s list of the highest-paid musicians of 2016. Four of the top five places are occupied by women, with Taylor Swift topping the list. Between June 2015 and June 2016, the magazine estimates she earned $170m, largely from her 1989 world tour.
The KBE also handily outperformed against the broader S&P 500, which posted monthly gains of 3.42 percent.