Julius Baer may have to pay more than it anticipated to settle a case with the U.S. Justice Department over American offshore accounts, the Swiss newspaper Sonntagszeitung reported, citing people familiar with the matter.
Oil has fallen to an 11-year low as traders took fright at the prospect of a glut caused by fresh supplies that will outstrip global demand.
British employers expect to keep hiring permanent staff in 2016 but are cautious about offering meaningful pay rises, according to a survey from employers’ group CBI.
The UK government reacted too slowly to the crisis in the steel industry that has caused more than 5,000 job losses and left the sector permanently damaged, a parliamentary committee has said.
You probably wouldn’t bang on about your galloping gout or your teenager’s arrest for grand larceny in a round-robin letter at Christmas. So why should technology firms be any different?
Homebuyers now have to save for up to 24 years to set aside a deposit large enough to buy them a foot on Britain’s housing ladder, according to new research.
JP Morgan Chase agreed to pay $307m on Friday to settle charges that two of its wealth management units failed to disclose conflicts of interest when promoting investments to its wealthy clients.
One metals and mining analyst is not just slashing earnings estimates and price targets, but also warning about the potential for bankruptcies.
Isis Pharmaceuticals on Friday announced that it will change its name to Ionis Pharmaceuticals.
Britain’s richest households have pulled further ahead of the rest of the population as house prices have accelerated, with the top 10% now owning almost half of the country’s £11.1tn total private wealth.
Wall Street investors are likely approaching the coming week apprehensively, as a number of big name banks are due to report their quarterly earnings.
UK taxpayers are sitting on a huge loss on RBS stock, with the bank's share price plummeting by more than 40 per cent since the EU referendum.
The Bank of England will consider the first interest rate cut for more than seven years this week, as it seeks to contain the economic fallout from the Brexit vote.