Citigroup has carved out an an improbable niche, given its history of receiving the most federal aid among banks in the wake of the 2008 financial crisis.
Deutsche Bank showed a $2.22bn capital shortfall under Goldman Sachs’s analysis of stress tests conducted by European regulators last month.
The Brexit vote helped knock more than £30,000 off the price of an average property in London during July and has sent prices lower nationally, according to estate agent Haart.
Top bankers and campaign financiers were caught off guard by recent statements from the GOP presidential candidate.
Technology companies are about to enter a golden era of mergers and acquisitions, thanks to a key game-changer in the industry, an investor said.
The Bank of England’s post-Brexit economic recovery plan got off to a stumbling start when it was unable to buy as many government bonds as it needed from major City investors.
One of Britain’s leading economic thinktanks has said the UK economy shrank last month as the impact of the Brexit vote led to a pronounced weakening in activity.
'If you look at the last 25 quarters, we’ve only met or beaten expectations six times'.
BNP Paribas has hired a senior securitisation banker from JP Morgan to help build out its asset-backed securities business in the US, according to people close to the situation.
Neuberger Berman, the employee-owned money manager run by George Walker, hired three people to help build an operation that oversees $22bn for insurance clients.