Another week, another Twitter acquisition rumor – and another spike in the company’s stock.
The chairman of the Treasury committee has stepped up the pressure on the accounting watchdog over its examination of KPMG’s auditing of the failed bank HBOS.
The Financial Conduct Authority is expected to face criticism on Monday when MPs debate a motion on whether it is up to the job of regulating behaviour in the City.
With his bank’s net income down 31% year-over-year, Goldman Sachs CEO Lloyd Blankfein saw a 4% reduction in compensation in 2015, down $1m to $23m.
The chair of the City watchdog has defended the organisation against accusations of government interference, as he expressed irritation at George Osborne publicly announcing the withdrawal of one of the frontrunners to lead the regulator.
The Banking Standards Board, established to bolster the reputation of the industry, has yet to issue any standards nine months after formally being created.
When the big names from business, government and central banking meet over the champagne flutes in Davos this week, the official theme is “mastering the fourth industrial revolution”.
An insider dealing ring that made £7.4m from trading in just six stock market companies used burner phones, offshore companies, code names and encrypted memory sticks to mask their crimes, a court was told on Thursday.