The US Federal Reserve announced it was raising short-term interest rates by a quarter percentage point on Wednesday as the central bank continued to unwind the massive economic stimulus plan brought in after the great recession.
A former director of Barclays Bank who has also worked as a financial regulator has been appointed City minister by Theresa May.
The Lord Mayor will tonight tell an audience including chancellor Philip Hammond that the City must have a voice in the UK's imminent Brexit negotiations with Brussels.
'We think we have a special calling card'.
A fight over bonuses ?
Barclays named Chris Leonard to run U.S. rates trading, recruiting the founder of hedge fund Arcem Capital LLC to turn around the business that was blamed for a dragging down the investment bank’s results last quarter.
Instinet has announced the appointment of Scott Douglass as US Head of Sales for its Commission Management Services (CMS) business. Based in New York, Scott will be responsible for the US CMS Sales of Instinet's comprehensive suite of CMS products including: BrokerShare(R), T*Share(TM), Broker Vote, Budget Tool, Research Interaction Tracker and RQ Connect(TM) within its Plazma® platform.
Tudor’s BVI Global Macro fund lost 1.2 percent year-to-date through June 2 compared to the S&P 500’s 9 percent return in that time period.
By trade volume, machines and exchange-traded funds are leaving the traditional stock picker in the dust.
Royal Bank of Scotland is facing another embarrassing legal wrangle, shortly after averting a showdown with 9,000 shareholders.
Mark Gossington, Partner, Financial Services, PwC is the latest to undertake our 60 second interview.
Ever since JPMorgan Chase elevated Matt Zames to co-chief operating officer in 2012, the former hedge fund trader was viewed as a potential heir to CEO Jamie Dimon.
A former Societe Generale managing director was charged in a French insider-trading case linked to Air Liquide SA’s $13.2 billion takeover of Airgas Inc.
Brussels has published proposals that could force London’s prized euro-clearing trade out of the City after Brexit, as the EU plans for life without Europe’s biggest financial centre.
Bitcoin suddenly plummeted Monday, after jumping over the weekend to an all-time high.
BlackRock, the world’s largest provider of exchange-traded funds, has tapped Goldman's Heather Brownlie as U.S. head of fixed-income ETFs, a new role at the money manager.
Royal Bank of Scotland (RBS) is closing on a multibillion-pound settlement with a US regulator over the mis-selling of toxic mortgage bonds - a deal that will remove one of the long-standing obstacles to the Government returning the lender to the private sector.
Bank of Ireland Corporate Banking has announced the appointment of Peter Mullen to the position of Head of Leveraged Acquisition Finance.
Deutsche Bank will pay $170 million to settle an investor lawsuit claiming it conspired with other banks to manipulate the benchmark European Interbank Offered Rate and related derivatives.
JPMorgan Chase Chief Operating Officer Matt Zames is leaving the firm, CEO Jamie Dimon said in a memo Thursday.
The Serious Fraud Office has charged Barclays, its former chief executive and three other former top executives with conspiracy to commit fraud and the provision of unlawful financial assistance.
Sen. Elizabeth Warren is calling for the ouster of all 12 board members at Wells Fargo due to the fake accounts scandal that has rocked the bank.
Houlihan Lokey, has announced that Jeffrey Baliban has joined the firm as a Managing Director in the Dispute Resolution Consulting practice within Financial Advisory Services (FAS). He is based in New York.