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As with rivals, a first-quarter surge in trading revenues was not enough to prevent bottom-line damage → Read More
Executives in UK financial services want the regulator to do more to ease the industry's path through the current crisis → Read More
The influential standard-setter for global banking industry wants to give firms time to focus on the immediate threats posed by Covid-19 → Read More
UK Prime Minister Boris Johnson has tested positive for coronavirus. In a message on Twitter on 27 March, Johnson wrote: “Over the last 24 hours I have developed mild symptoms and tested positive for coronavirus. I am now self-isolating, but I will continue to lead the government’s response via video-conference as we fight this virus. Together we will beat this. #StayHomeSaveLives.” → Read More
Kunal Gandhi is a well-known name in City investment banking circles → Read More
Tidjane Thiam saw pay for his final year in charge of Credit Suisse slashed in the wake of a spying scandal that engulfed the Swiss bank and ultimately cost the CEO his job. In its annual report published on 25 March, Credit Suisse said Thiam was awarded total compensation for 2019 of 10.7m Swiss francs, 15% lower than the previous year. It said the reduction was due in part to the bank failing… → Read More
Barnier has led the EU's negotiating position on Brexit since the UK voted to leave the bloc in 2016 → Read More
It follows similar steps by Consob, the Italian financial regulator, and Spain’s Comisión Nacional del Mercado de Valores → Read More
Benchmark rate returns to record low to help cushion the UK economy against the impact of coronavirus → Read More
Investment heads say investors must 'stay vigilant but not over-react to current market conditions' → Read More
Three new associate directors and one investment manager will be based at the firm’s offices in London, Manchester, and Boston → Read More
UK-listed investment firm also adds three women to its board of directors → Read More
Westminster wants ‘appropriate consultation and structured processes for the withdrawal of equivalence’ → Read More
Goldman, JPMorgan, Deutsche and others enforce travel restrictions in Europe as Covid-19 spreads → Read More
Hedge funds were probably among the few winners in Monday’s markets, which were spooked as new coronavirus cases emerged outside China → Read More
A changing of the guard in leadership is underway across Europe's banking industry → Read More
Ralph Hamers, chief executive of Dutch bank ING, has spent much of his career in retail banking management roles → Read More
CEO of almost a decade says pride has been restored in the Swiss banking giant → Read More
European Commission has seen a number of initiatives aimed at making markets more transparent struggle to take hold → Read More
Thiam resigned as CEO last week amid the fallout from a spying scandal at the Swiss bank → Read More