Senior Citigroup bankers made millions trading on insider information ahead of a major M&A deal, one of its former FX traders told a London court.
But the lower bonuses are still eight times what other workers get on average.
The new chief executive of Standard Chartered wants the bank to streamline its business.
HSBC Chief Executive Stuart Gulliver maintains he’s the right person to run Europe’s biggest bank.
HSBC Holdings PLC has admitted failings by its Swiss subsidiary in response to media reports it helped wealthy customers dodge taxes and conceal millions of dollars. ...
Britain’s biggest payday lender will pay £2. 6m in compensation to 45 000 customers after sending them bogus letters from non-existent law firms.
Boom in mobile banking is prompting some to detect a "historic moment" for industry.
Barclays said its first-quarter profit fell after a “significant” drop in revenue from its investment bank's fixed-income operations.
The UK government has sold £4. 2 billion (R74. 8bn) worth of shares in Lloyds Banking Group to cut its stake in the country’s largest retail bank to less than 25 ...
Once modest of pay and profile, risk experts are being reborn as rock stars of the banking world – their status and salaries soaring as regulators force financial ...
Once modest of pay and profile, risk experts are being reborn as rock stars of the banking world - their status and salaries soaring.
London-based investment banks are looking at less flashy ways to cope with curbs on bonuses - including a new monthly allowance.
HSBC produced a 10 percent rise in third-quarter profit, helped by tighter cost control and fewer losses from bad loans, Europe’s largest bank reported yesterday. ...
A row about how much top British politicians and officials knew about interest rate rigging will intensify on Monday as Paul Tucker reveals what he told Barclays. ...