The U.S. Justice Department is investigating whether Citigroup let customers move illicit cash through its Mexico unit, setting the bank’s biggest international operation in the path of an expanding money-laundering probe.
Gold fell to its lowest price for more than five years last week, as the precious metal was buffeted by the deal to avert a Greek bankruptcy, a potential US interest rate increase and a sharp selloff in China.
British businesses are giving too much money to shareholders and not investing enough, the Bank of England’s chief economist Andy Haldane has said.
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.
Barclays raised severance packages for a second time since it asked about 100 equity employees in Tokyo to leave the firm in January, people with knowledge of the matter said.
The G7 leaders have issued a joint declaration in which they warn that Britain leaving the European Union would be a threat to the global economy.
A Portuguese-backed consortium is closing in on a deal to rescue BHS and its 11,000 employees.