The move comes as the bank conducts an investigation into the allegations of s.x.al harassment.
U.K. electronic surveillance agency GCHQ has released its first app aimed at encouraging the next generation of cybersecurity experts tackle the growing threat of online crime and terrorism.
Citigroup agreed to pay a $3m fine after discovering that it failed to deliver paperwork on more than 250,000 customer purchases of exchange-traded funds.
The sinners of the banking industry seem so uncowed by regulators and prosecutors that one country is trying a higher deterrent: the fear of God.
UBS appointed Nigel Bretton as chief financial officer for the investment bank after Jonathan Lewis decided to stay with his previous employer, Nomura.
Hedge funds are continuing to shut down, but the pace of failures isn't quite as bad as feared.
House prices fall by an unprecedented 35% and base rates jump above 4%, putting pressure on household finances already feeling the pain of falling real incomes. Unemployment doubles to 12% and inflation rockets in an economy being buffeted by a sharp drop in the value of the pound.
Plans are to be drawn up to give more confidence about the way banks measure their financial strength in the wake of the 2008 crisis.
The boardrooms of Britain’s biggest companies are becoming more dominated by white people despite business secretary Vince Cable demanding that firms increase their ethnic diversity.
Bonuses dropped 9 percent for the year as total industry profitability fell 10.5 percent, according to New York Comptroller Thomas DiNapoli.
Barclays hired Carlo Calabria and eight other bankers from CMC Capital in London and Milan as the bank seeks to bolster its advisory business.
A former Deutsche Bank trader lost a lawsuit in a dispute over whether regulators failed to shield his identity in a report on the manipulation of benchmark rates.