Thousands of unbuilt flats and apartments could come back on to the London property market over the next two years as foreign investors seek to cut their losses, according to a new study.
Accountancy watchdogs decided not to conduct a full investigation into the auditing of HBOS before they received all the information about the near-collapse of the bank, MPs have been told.
Britain’s long-awaited pay recovery this year will quickly evaporate in 2016 unless productivity significantly improves, a leading thinktank has warned.
Looks unlikely you'll get hired here any time soon.
This guy appears to have most of the big guys on speed-dial.
As iconic brands are snapped up and corporations merged and swallowed in a record-breaking whirl of deals, there has been one constant: Goldman Sachs.
Royal Bank of Scotland CEO Ross McEwan said the restructuring of the investment bank is 'very well advanced' and it will return to profit within four years, as he continues to shrink the division’s global operations to focus on U.K. and western European clients.
Wells Fargo is buying about 500,000 square feet of office space at 30 Hudson Yards and plans to relocate the New York headquarters of its securities unit to the skyscraper, which is under construction on Manhattan’s far west side.
Royal Dutch Shell plans to cut about 2,800 jobs after its takeover of BG Group is completed early next year.
In a surprise move, B. Kevin Turner, Microsoft's COO, is joining hedge fund company Citadel to run its technology-heavy market-making unit.
Legal & General Investment Management (LGIM), the insurance arm of Legal & General, has announced that it has cut the value of its £2.3 billion U.K. property fund by a further 10 percent. The company had earlier made a 5 percent valuation cut as a cautious move in the current market environment.
A former Rabobank Groep trader arrested last year in Australia will plead guilty to U.S. charges that he schemed to manipulate benchmark interest rates, his lawyer said.