Royal Bank of Scotland CEO Ross McEwan risks losing some of the U.K. clients he wants to prioritize as a result of his global retreat, according to a study of the lender’s British customers.
The global economy faces a period of contraction and declining trade next year as emerging nations struggle with tightening monetary policy, according to Citigroup's Chief Economist Willem Buiter.
Russia's isolated banking sector is hoping for a swift end to sanctions and capital flight, the chief executive of one of VTB Capital told CNBC.
Bank of America Merrill Lynch (BofAML) has been recognised by EMEA Finance magazine, a leading industry trade outlet, in its 2015 Treasury Services Awards, winning three accolades for treasury and FX services across the region:
Fortress Investment Group expects to shutter its macro hedge fund and trader Michael Novogratz will leave the firm, sources close to the firm told CNBC.
Inflation in Britain has turned negative for the second time this year, easing pressure on the Bank of England to raise interest rates from their record low.
Embattled German carmaker Volkswagen announced Tuesday it would cut annual investment by 1 billion euros ($1.1 billion) after a special board meeting in the wake of the emissions scandal that has thrown the company into crisis.
SABMiller has agreed to sell itself to Anheuser-Busch InBev for $104bn (£68bn), in a deal that will be the biggest ever takeover of a British company.
Suspect arrested, police are searching for three others in connection with the case.
Singapore's 3Q gross domestic product data this week may show the economy slipping into a technical recession for the first time since 2008.
Leonardo DiCaprio has been ordered by a judge to give testimony in a lawsuit surrounding 2013 comedy The Wolf of Wall Street.
Banks and stock exchanges are warning clients of difficult, volatile trading conditions in financial markets, flagging the risk of large gaps in pricing of assets when Britain votes next week on European Union membership.