The Bank of England says interest rates are going up. Not quite yet, but at some time in the not too distant future, the monetary policy committee thinks the conditions will be right for borrowing costs to go up.
Andrew Chen, an investor in the San Francisco Bay Area, used to think that reaching zero in one’s inbox was folklore.
Asda boss Andy Clarke has insisted the supermarket is bouncing back after reaching “a nadir” as he revealed the chain’s worst quarterly sales figures.
Four former Citigroup Inc. currency traders are suing the bank for unfair dismissal after they were let go amid a global probe into foreign-exchange rate rigging.
The knock on effects of the slump in oil prices has seen more than 5,000 workers at Wood Group lose their jobs since December.
Deutsche Bank is reorganizing the fixed-income trading division that produces almost a quarter of the firm’s revenue after the unit’s leader announced his departure in May.
High costs and low profits ?
Cornerstone Real Estate Advisers has hired Joy Winterfield and Albert Yang as new CEO Scott Brown builds the operation after taking over this year.
There was a time when the main thing you had to worry about in casual social situations was the decision between a peck-on-the-cheek, a handshake, or a hug upon greeting.
A company’s reputation is precious.
Verus Partners, the boutique firm that advised the Saudi Arabian government when it raised $10bn in loans this year, hired Yusuf Macun from HSBC to set up its operations in the Middle East.
Bank of America’s second-quarter trading revenue is on track to rise by “mid-single digits,” Chief Executive Officer Brian Moynihan said Thursday, following optimistic comments a day earlier from JPMorgan.
Morgan Stanley is wooing its investment bankers by introducing paid sabbaticals for newly-promoted vice-presidents and making earlier job offers to those at the start of their careers.