The scale of pay packages being handed out by the UK’s biggest companies was underlined when Prudential revealed its highest-paid employee received £15.4m last year – more than the insurer’s outgoing boss Tidjane Thiam.
The outlook for corporate profits is getting worse, and it's not just about the battered energy sector.
Living standards have been thrust to the centre of the general election campaign as official figures showed Britain is undergoing the slowest recovery since the 1920s and GDP per head still remains lower than levels before the recession.
Elliott Advisors has accused Alliance Trust of using scare tactics to repel its proposed shake-up of the investment company and has stepped up its attack on chief executive Katherine Garrett-Cox.
The following top 32 firms will face off in 8 groups of four, with the top 2 from each group going through to the next round.
You may be wasting your time.
Reshaping the firm.
When a customer spends £2,500 on a bag so tiny that it just about fits their keys, cards and lipstick, a certain kind of shopping experience is usually expected: plush cream carpets, deferential one-on-one service and a tissue-wrapped purchase handed over in a glossy store bag.
JPMorgan executives have been deposed and thousands of pages of internal documents subpoenaed as part of a U.S. investigation into the bank’s asset-management unit, according to people familiar with the situation.
HSBC is falling short on its agreement with the U.S. to clean up operations after clients laundered drug money and did business with terrorist regimes, according to two people familiar with a report from the bank’s monitor.
Citigroup reported a sharp decline in quarterly profit on Friday, hit by weak revenue, costs related to shrinking businesses, and loans to energy companies that are going bad.
Startup culture is now so embedded in our life it seems almost impossible to imagine life without it. Everyone wants a bit of that entrepreneurial magic these days.