When Deutsche Bank shelled out more than $6.5bn to buy Deutsche Postbank in 2010, it wound up spending another $1.08bn to mesh and upgrade their computer systems.
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.
Wells Fargo, the world’s most valuable bank, agreed to buy Analytic Investors, adding $15bn of assets under management.
A Labour peer who previously served as Ed Miliband's business adviser has vowed to quit Labour if Jeremy Corbyn is retained as party leader.
These recent comments by Yahoo CEO Marissa Mayer are the epitome of Silicon Valley arrogance, says Basecamp programmer Dan Kim.