Evercore has announced that it is expanding its investment banking capabilities in London through the formation of a new European dedicated debt advisory business.
For many in the City, the international banks HSBC and Standard Chartered will forever be linked.
Stephen Hester is the City's version of William James, the veteran bomb disposal expert played by Jeremy Renner in the film The Hurt Locker.
Economists are expecting the first official pressure for a rise in UK interest rates to emerge this week, when the Bank of England's monetary policy committee (MPC) meets.
The chairman of HSBC is calling on the government to temporarily delay new rules intended to make the banking industry less vulnerable to crisis.
Fears of an early rise in US interest rates were eased on Friday by weaker than expected jobs data, helping to pull global markets out of the tailspin they had endured in another volatile week of trading.
Warren Buffett called into CNBC to surprise 17-year-old Tre Grinner, a Hodgkin's Lymphoma patient who wants to be an investment banker.
The largest global investment banks face further cost reductions, like the job cuts JPMorgan began this month, after a drop in first-half expenses failed to match a decline in revenue.
Mirror, mirror on the wall, who's the fairest financier of them all ?
The chief executive of UBS's British operations is to leave the bank at the end of September, according to an internal memo seen by Reuters on Thursday.
Consumer confidence in the UK has dropped for the first time since 2013, according to survey figures published this morning.
Rolls-Royce has won a significant boost after budget airline Norwegian agreed a $2.7bn (£1.9bn) deal to buy engines from the beleaguered company.
BP has appointed Lamar McKay to the new post of deputy group chief executive in a shake-up of the oil giant’s top team.