Two London-listed mining groups are poised to slash up to 12,000 jobs as commodity prices slump to levels last seen during the global recession of 2008-09.
Five years after the president signed the Dodd-Frank financial-reform act, Barney Frank takes on the critics on two key points.
A surprise departure of a well-respected executive has the rumor-mill working overtime again.
The growth will come from asset management.
Barclays should pick an investment banker as its next chief executive officer because the lender’s underperforming securities unit requires further restructuring, Aberdeen Asset Management's Martin Gilbert said.
The team went all in on Kate Moss.
The criminal charges against five men who authorities tracked down after last year’s hacking attack on JPMorgan leave one very important question.
Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday, in what was described as the first nationwide class action alleging a conspiracy to manipulate Treasury auctions that harmed both investors and borrowers.
Greece is bracing for the return to Athens of officials representing the reviled “troika” of creditors as the debt-stricken country prepares to start negotiations for a third bailout.
The Royal Mint has reported soaring profits, boosted by commemorative coins struck and sold to mark events such as the 50th anniversary of Winston Churchill’s death and the 800th anniversary of the Magna Carta.
'This is a preposterous and baseless request'!
Deutsche Bank has halted bonus payments to a group of employees while examining whether they improperly traded with the firm.
Bond salesman Giovanni Lombardo said his bosses at Nomura made him a scapegoat as he pleaded with a client whose failed trades eventually cost the bank $40mi.