The World Bank has slashed its forecast for oil prices this year, saying the cost of a barrel of crude will stay near its current lows for the rest of 2016.
He is a Bank of England lifer – but Andrew Bailey, incoming FCA chief executive certainly has a way with words.
Got a job interview today? Choose your first words very carefully.
Barclays shed three senior members of its distressed-debt business in London as part of global job cuts unleashed by Chief Executive Officer Jes Staley, according to four people familiar with the matter.
Deutsche Bank’s South Korean brokerage unit and one of its employees were convicted of manipulating share prices in November 2010, triggering a one-day rout that wiped out $23bn in value from the nation’s equity market.
JPMorgan Chase will pay $1.42bn in cash to resolve most of a lawsuit accusing it of draining Lehman Brothers of critical liquidity in the final days before that investment bank's September 2008 collapse.
Societe General has the biggest share of women in the boardroom among 20 major European lenders, according to an industrywide survey on gender diversity.
There are more job cuts ahead in the oil and gas sector, now that the major cost reductions have been squeezed out of capital expenditure and the supply chain, a global survey revealed.
McDonald’s is to introduce table service and cooked-to-order gourmet burgers at hundreds of restaurants across Britain as it tries to head off competition from upmarket rivals.
Theresa May set the cat among the corporate pigeons when she promised to reform boardroom governance at UK public companies.
PricewaterhouseCoopers has been fined £2.3m by the accountancy watchdog over its auditing of the subprime lender Cattles and its biggest division, Welcome Financial Services, in 2007.
UBS has brought in psychologists, data scientists, shipments specialists and pricing experts to overhaul how it generates investment ideas and recommendations for clients.