David Cameron told a fellow EU leader that it “might be better” for Greece to withdraw from the eurozone to allow it to fix its economy, according to a leaked diplomatic document.
Tesco faced a backlash from shareholders over rewards for top executives and low pay for staff at its annual shareholder meeting on Friday, despite reporting better than expected trading.
Eurozone finance ministers and Greece’s creditors are to draw up emergency measures on Saturday to cope with a default by the debt-ridden country unless the Greek prime minister, Alexis Tsipras, accepts the creditors’ terms for a five-month extension of Athens’ bailout.
No surprises here.
The first woman to run a Wall Street firm could be a behavioural scientist, a mathematician, or an engineer.
Chris Rokos booked profits of more than $4bn during his decade as a trader at Brevan Howard Asset Management.
A Citigroup official said in 2010 that Thomas Hayes, who is on trial for manipulating Libor, openly discussed at a meeting how he influenced benchmark rates while at UBS.
31 year old ex-City worker, Paul Hopper - formally at Investec - is the founder of HOP Vietnamese.
Congressmen slammed Obama administration officials for hiring a failed hedge fund manager, but they made a big mistake.
Credit Suisse has named Harold Bogle to the newly created role of chairman of its investment-banking division as the firm seeks to strengthen coverage of private-equity clients.
JPMorgan expects revenue and expenses to remain about unchanged from last year as the bank waits for the benefit of higher interest rates and plows cost savings into investments, Chief Financial Officer Marianne Lake said.
A former UBS equities salesman who sought more than $1m in a lawsuit over his departure will instead have to pay the bank $42,100 because he didn’t work though his notice period.
Sad to report.