The sharp drop in the pound has attracted tourists to the UK on shopping sprees, driving a jump in tax-free spending by overseas visitors, according to industry figures.
Somebody had to do it. For years, big bonuses have been paid to those working in the financial services industry without a scintilla of evidence that they work. On the contrary, there have been copious studies showing that the City’s bonus culture is bad for customers, bad for the economy and even bad for the individuals themselves.
Men are more likely to secure a promotion than their female colleagues, new research has found, in another piece of the gender pay gap puzzle.
Monday is the anniversary of the Nasdaq's Flash Freeze, in which stocks were offline for three hours straight. It's not the first time stocks have been hit by a computer glitch.
Michael Sweeney, who had helped do the deal that made Paulson Steinway & Sons's owner in 2013, is out at the iconic piano maker for unknown reasons.
Bank of America has dodged a $1.3bn (£990m) fine, after a US court decided to drop the issue.
Boutique banks are taking more deal flow from the biggest firms on the Street.
Panama's government has revealed assets held by its banking system had grown by over $4bn (£3.1bn) in the first half of the year alone, as the country continues to work towards more transparency in its financial services sector.
'There are tremendous business opportunities'.
An unusual move in a sector where bonuses are viewed as crucial to performance and preventing talent from moving elsewhere.