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.
Zubin Ramdarshan, who joined Cantor Fitzgerald in April to help lead the firm’s exchange-traded funds business in Europe, said he left to work with an “old friend.”
Investors poured an estimated $144m into the Janus Global Unconstrained Bond Fund in May, the most new money going to Bill Gross’s mutual fund since December 2014.
John Cryan’s plan to revamp Deutsche Bank risks unraveling as the departure of the chief executive officer’s most senior hire presents one more false start to a strategy he laid out last year.