Directors of Royal Bank of Scotland (RBS) have held secret talks in recent weeks about identifying a successor to Stephen Hester, casting doubt about his long-term future at the helm of the state-backed lender.
Gleacher & Co has fired Chief Executive Officer Thomas J. Hughes and Chief Operating Officer John Griff a day after the struggling brokerage’s biggest shareholder took control of the board.
Societe Generale's Russian unit Rosbank has dismissed Chief Executive Vladimir Golubkov following his prosecution for bribery and will launch a search for a successor, it said on Monday.
Standard Chartered's CEO Peter Sands denied U.S activist investor Muddy Waters' claim that the bank has taken on too much risk, saying its loan book was in a good condition and there is no change in risk appetite for lending.
HSBC suffered an embarrassing 11% shareholder rebellion against its executive pay report on Friday.
FOX Business Network’s Senior Correspondent Charlie Gasparino reports on SAC Capital founder Steve Cohen'
Notorious Ponzi scammer Bernie Madoff has told FOX Business Network's Adam Shapiro that business associates Stanley Chais, Norman Levy, Jeffry Picower and Carl Shapiro were aware of the Ponzi scheme as far back as 1987, and that Madoff called Chais, Levy, Picower, and Shapiro before telling his family about the crime.
Manchester United's Javier Hernandez is one of the big stars likely to be on show at the tournament this summer, going head to head with Kaka and Ronaldinho.
In which we enter the mind of a crazy person and shoot make-believe things with lots and lots and lots of guns.
Amit Acharya reviews the latest Indian Premier League cricket season.