Banks were too focused on protecting themselves from a repeat of the global financial crisis that they missed many investment opportunities offered by key startups, the managing director of CommerzVentures told CNBC.
Following the banking collapse in 2008, the banking industry, with the exception of JPMorgan Chase , worked behind the scenes to influence new regulations but didn't seem to be interested in bringing the bankers' point-of-view on these issues to the attention of the public.
Credit Suisse will extend the paid time U.S. employees can take off from work to care for a new child as the bank seeks to retain and attract workers looking for a more accommodating corporate culture.
Standard Chartered and Royal Bank of Scotland escaped having to raise additional capital in the Bank of England’s latest stress test, even though they fell short in some parts of the assessment.
Welcome to Barclays, Jes Staley, you have been hired to add the ill-defined quality of dynamism, or so your chairman suggested when he fired your predecessor as chief executive, Antony Jenkins.
The Securities and Exchange Commission has charged Standard Bank with failing to disclose certain payments in connection with debt issued by the Government of Tanzania in 2013.
British American Tobacco paid bribes to government officials in a bid to undermine the UN’s global anti-smoking treaty, an investigation by the BBC has alleged.
Warren Buffett's Berkshire Hathaway has endured a rough year, but traders see upside in some of the billionaire investor's holdings.
One of 2015's biggest stock bulls is forecasting only 4% return in the S&P 500 for 2016.
The 'investment bank must do the heavy lifting'.