Fortnum and Mason has reported a surge in profits, buoyed by new outlets and demand for its hampers and caddies of loose-leaf tea.
Bosses at Goldman Sachs castigated a junior employee for questioning a trade the bank conducted on behalf of Libya’s sovereign wealth fund, warning him that it was not his business to get involved.
A court in Hong Kong on Monday adjourned the trial of a 29-year-old British banker charged with killing two women until July because of the length of time needed for prosecutors to prepare their case.
Royal Bank of Scotland has said it overstated a key capital ratio in last month’s European stress test, sending the stock briefly to a three-week low.
The European Central Bank has dropped Citigroup from its experts' working group on foreign exchange, days after the U.S. bank was fined by U.S. and UK regulators for failing to stop traders from trying to manipulate the currency market.
Credit Suisse's $2.6bn plea bargain resolving allegations it helped wealthy Americans avoid paying taxes was accepted by a federal judge, ending a three-year probe that helped upend Swiss bank secrecy.
Worldwide business confidence slumped to a five-year low, with company hiring and investment intentions at or near their weakest levels in the post-global financial crisis era, according to a new survey.
Deep in the Somerset countryside Mulberry is working hard to rekindle the popularity of a fashion brand whose allure has suffered in recent years, ever since it made a reckless leap upmarket.
Food producers have become cannon fodder in the bitter supermarket price war, according to accountancy firm Moore Stephens, which found 28% more specialist manufacturers have gone into insolvency this year than last.
French judges have put the Swiss branch of HSBC under official investigation over allegations that Britain’s biggest bank helped wealthy clients avoid taxes.
Jefferies Group, the investment bank owned by Leucadia National, is in talks to lease space at a tower under construction in the City of London, a person with knowledge of the matter said.
Schroders, one of the City’s oldest financial institutions, is facing questions about its corporate governance after elevating its chief executive to the chairmanship.
Wealth management M&A deals grew by nearly 50 per cent last year, according to a new report.