HSBC has chosen Birmingham as the headquarters for the ringfenced UK retail and commercial banking business it is setting up, in a move that will involve relocating 1,000 jobs from London.
Managers 'know where they’re not making enough money'.
Wells Fargo has named Darin Deschamps and Sandra Taube Godard as co-heads of capital markets in Canada.
An Airbus A320 carrying 150 people crashed Tuesday in a mountain range in Southern France in what French President Francois Hollande called a "tragedy."
U.S. golf may be in doldrums, but Great White Shark Enterprises is thriving by diversifying into everything from finance to wine-making.
Tech start-ups don't talk much about interest rates. With the Fed removing the word "patient" from its plan for raising rates, that's going to change.
New Morrisons boss David Potts has sacked half of his most senior management team as he tries to turn around the embattled supermarket group.
Controversial "Flash Boys" author Michael Lewis explains why the markets are still rigged and why complexity is the new opacity.
HSBC, BNP Paribas and Royal Bank of Scotland must conduct top-to-bottom rewrites of plans showing how they can be safely unwound in bankruptcy before resubmitting the living wills to U.S. regulators.
At its annual investor conference in San Francisco in May 2014, with oil trading at $102 a barrel, Wells Fargo boasted that in just two years it had almost doubled its energy exposure and seized the title of Wall Street’s top oil and gas banker.
Algorithmic trading firm and brokerage KCG Holdings has hired former Goldman Sachs managing director Michael Seigne to help develop its European business among bank and investment-firm customers.
Wholesale markets are expected to continue being extremely tough for European and U.S. investment banks, as the forthcoming earnings season is likely to reveal.