A senior employee from a leading UK bank has pleaded guilty to a Libor-fixing conspiracy charge brought by the Serious Fraud Office.
UBS's French arm is planning to restructure its asset management business and is in consultation with unions over possible layoffs, as the Swiss bank continues to sharpen its focus on private banking.
Sir Richard Branson has made a fortune from a string of business ventures that bear his signature brand, including Virgin Trains and Virgin Media.
A London restaurant has created the world's most expensive burger which contains gold leaf and caviar, according to a company that tracks records.
Fears that Germany is on the brink of recession intensified after the eurozone’s largest economy suffered its biggest slump in industrial output since the beginning of the financial crisis.
BNY Mellon announced Monday that it has reached an agreement to acquire Cutwater Asset Management, a U.S.-based fixed income and solutions specialist with a 20-year track record and approximately $23 billion in assets under management.
An aging population, increased life expectancy and better health care mean that today's forty-somethings are gearing up to work another 30 years.
May be the biggest round of cuts since at least 2011.
Tesco has bolstered its board with the appointment of the former Ikea chief and the chief executive of Compass as non-executive directors.