Accused of using the firm’s e-mail system so he could trade illegally in advance of client mergers.
Business leaders have been left reeling after George Osborne announced a £11.6bn “payroll tax” and removed hundreds of millions of pounds of support.
An “elephant deal” that Barclays executed three years ago has cost the bank £72m in penalties, after the City regulator concluded the bank ran the risk of laundering money or financing terrorism by conducting the deal for politically sensitive people.
A Spanish renewable energy group has collapsed into insolvency protection, it said on Wednesday, just months after US investment bank Citi led a €100m (£70m) share sale to raise funds for the group.
Up to 1,000 job losses are expected to be announced at Lloyds Banking Group in the latest attempt by the bailed-out bank to cut costs and bolster profitability.
The travel industry is facing the greatest turmoil in 30 years because of the recent series of incidents capped by the terrorist attacks on Paris, said Thomas Cook chief executive Peter Fankhauser.
Banking is reaching an “Uber moment” in which technological advances will lead to hundreds of branch closures and a possible halving of the number of staff employed in the sector, the former chief executive of Barclays has warned.
HSBC is attempting to address the lack of gender equality at the top of its operations by setting a target for equal numbers of women and men in senior roles in its UK arm.
Whoa! This is not the time to hit on your office crush.
Wall Street business dinners are tricky: Where do you go ? When do you talk business ?
Italy’s biggest bank, UniCredit, has borne the brunt of lingering anxiety about the country’s banking sector, seeing its shares fall sharply following the EU-wide banking health checks.
Stress tests for Europe’s banks are Orwellian doublespeak.
Jacob Gottlieb’s Visium Asset Management plans to fire 24 employees in New York as the firm liquidates its hedge funds following charges against three former employees.