Herve Falciani, the Frenchman wanted on charges of industrial espionage in Switzerland, has opted to skip his trial at the country’s top court and instead plead his case before a jury of journalists at a French hotel, less than a mile from the Swiss border.
Heavy job losses are feared in the City of London after Deutsche Bank set out plans to boost its performance by axing 15,000 roles and selling off operations employing a further 20,000.
Sad to report
Pfizer and Allergan look like the latest pharmaceutical companies to start early dealmaking talks , according to reports, in a deal which may, if it goes ahead, mark the zenith of the industry's megamerger trend.
Stress is a natural part of living and a certain level of stress can be healthy and help to drive performance, but excessive stress can be harmful and lead to other issues.
Deutsche Bank has announced details of the execution of its strategic plan, known as “Strategy 2020,” including information on the Bank’s strategic goals; management actions in its business divisions, infrastructure functions, and regions; and updated performance targets for 2018 and 2020.
Barclays’ legal costs and compensation bill has reached £2.3bn in the first nine months of the year as the bank signalled new payouts for foreign exchange customers.
Barclays said third-quarter profit fell 10%, missing estimates as Chairman John McFarlane seeks to accelerate cost cuts.
Goldman Sachs agreed to pay a $50m fine and accepted a three-year ban on some advisory work in New York as part of a settlement with the state’s financial regulator over the leak of Federal Reserve documents.
Deutsche Bank said trading income rose 7% in the third quarter as co-Chief Executive Officer John Cryan’s clean-up of the bank’s books leads to the largest three-month loss in at least a decade.
Nearly £350bn could be wiped off the value of Britain’s top companies in the event of a vote for the UK to leave the European Union, analysts at UBS have warned.
If Brexit were to come to pass, and London bankers were to consider opportunities on the continent, which would be the most attractive location for a professional relocation?