JPMorgan is concerned about loans that finance some leveraged buyouts, and is scaling back from what is a booming area, even as its overall loan portfolio grows, a top executive said in an interview.
Former Treasury Secretary Hank Paulson tells CNBC the growth model powering China's economy is running out of steam.
Gatwick may not be the new Dallas after all.
Nomura has announced that UK regulators have formally approved the appointment of Jonathan Lewis as CEO for Europe, Middle East and Africa.
BNP Paribas won a government waiver that lets affiliates continue to operate as asset managers in the U.S., something that was in doubt after the bank admitted violating American sanctions on nations such as Iran.
China's economy grew at its slowest pace since the global financial crisis in the first quarter, official data showed on Wednesday, building the case for further stimulus from policymakers.
It's not every day the average Internet user gets to ask the world's fourteenth richest person any question he or she desires, but Facebook users were treated to just that on Tuesday evening.
Greece has vigorously rebutted speculation that it will declare a debt default and plunge out of the eurozone if it fails to strike a deal with lenders to keep its bankrupt economy afloat.
Next chief executive Lord Wolfson has pledged to raise shopfloor wages at the retailer by at least 5%, offering to share his bonus among staff if there is a shortfall in funding.
HSBC is preparing to bring in new non-executive directors to overhaul a board that has faced intense scrutiny following revelations of its Swiss arm’s involvement in tax evasion.
Almost half of the world’s superyachts belong to the moneyed inhabitants of the UK and US, a new survey suggests, as the global rich spent $2.68bn (£1.88bn) on their floating status symbols last year.
The man in formerly in charge of overseeing the Libor benchmark lending rate took banks at “face value” when they said it could not be rigged, a jury has heard.
A financial trading firm’s plan to make millions by building a mast higher than the Shard in rural Kent has suffered a setback after its proposals were challenged by Dover council.