Majestic Wine is considering scrapping its minimum six-bottle purchase as the new chief executive, Rowan Gormley, seeks to revamp stores and revive the ailing business.
German financial regulator Bafin, which last month completed its review into Libor rigging, criticized several current and former top managers at Deutsche Bank, including outgoing co-Chief Executive Officer Anshu Jain, according to German Spiegel magazine.
Tom Hayes, the former star trader on trial on alleged Libor-rigging charges, promised fees to brokers using so-called 'wash' trades and enlisted the help of other major banks to execute them, according to evidence presented in a London court on Friday.
U.S. Senator Elizabeth Warren shot back at criticism from JPMorgan Chief Executive Officer Jamie Dimon, saying bankers don’t dislike her because she knows too little but because she knows too much.
Several of the biggest fund managers based in London are drawing up plans to move trillions of pounds of assets and thousands of jobs outside of Britain should the country vote to leave the EU in a referendum due by the end of 2017, the Sunday Times said.
China is no stranger to skyscrapers of unusual architectural design and while some of the country's ambitious architectures have drawn flak from locals and authorities, this building is making headlines for a different reason.
Situated at the foot of Switzerland's Alps and along Lake Geneva lies one of the most luxurious-and pricey-cities in the world.
The amount of money paid to informants by HMRC in its attempts to crack down on tax evasion has leapt by more than 50% in a year to a record high of £605,000.
Last-ditch talks aimed at breaking the impasse between Athens and its international creditors have collapsed in acrimony with European Union officials dismissing Greece’s latest reform package as incomplete in a step that pushes the country closer to leaving the eurozone.
Former IMF chief Dominique Strauss-Kahn, once thought of as a future French president before he was engulfed in s.x scandals, was acquitted of pimping charges Friday in a Lille court.
JPMorgan has become the first global investment bank to fall foul of Hong Kong's stricter IPO sponsorship rules, dealing a blow to its reputation in the region.
Brokerage Numis said today that founder and chief executive, Oliver Hemsley, is due to step down in the Autumn.
Yes, we haven’t spent as much as we should have on keeping the infrastructure up to date, but then, on the plus side, we made a massive bet on football rights – and it paid off big time.