Italy’s central bank is fining former top executives of Banca Monte dei Paschi di Siena SpA about $6.4m for their alleged lack of controls over the lender’s risk management, said a person with knowledge of the matter.
Bank chiefs at HBOS, one of Britain's biggest banks before it was taken-over by Lloyds and subsequently bailed out by taxpayers, were condemned as a "model of self-delusion", in a damming report by Britain's Banking Standards Commission on Friday.
Enter the dark and dangerous world of the Card Shark.
Investec Investment Banking & Securities has announced the appointment of Jeremy Wrathall as Head of Global Natural Resources Europe, in a London-based role.
Cyprus's crisis-hit economy could shrink by 13% in 2013, a government official warned on Thursday, as the head of the European Central Bank insisted the chaotic rescue of the troubled island was not a model for future bailouts.
There might just be life in the old dog yet: Nipper, the mascot who has peered into a gramophone in HMV shop windows for more than 90 years, appeared close to being saved in a £50m deal that will safeguard 2,500 jobs and up to 140 branches of the UK's last major high street DVD and CD chain.
The chairman of Hewlett-Packard has stepped down and its two longest-serving independent directors are to leave the board as the fallout from the firm's disastrous acquisition of British software firm Autonomy continues.
While another round of shows were only put to bed in mid-March, weary editors might not like the news that the so-called fashion month – when they watch shows in New York, London, Milan and Paris – could last even longer in the future.
Last night the Queen invited me and 299 of her closest friends to Windsor Castle for a special celebration of the British film industry – and to witness a unique and historic event.