Beseiged Bank of America is in further hot water after it emerged the man Ken Lewis chose to act as the bank's general counsel in the month it completed its controversial acquisition of Merrill...
Plans to slash public spending and shrink the deficit could spell "disaster" for the UK economy report warns.
When high politics meets high banking blood will be spilt. After an astonishing week of manoeuvring Jonathan Sibun and Philip Aldrick assess the casualties.
Telegraph View: When it comes to breaking up RBS and Lloyds the devil will be in the detail
Tesco the supermarket group and a mooted bidder for the 'good' part of Northern Rock announced that its financial services arm will create 1000 jobs in Newcastle the home town of the nationalis...
The Financial Services Authority has completed its assessment of Lloyds Banking Group's proposals to exit the asset protection scheme and has handed its recommendations to the Treasury.
Accounting firm PricewaterhouseCoopers has been hired by three investment banks to work on a quality assurance kitemark for prime brokers to reassure nervous investors following the Madoff frau...
RBS the partnationalised bank is recruiting aggressively in Asia to build its position in the region in a move that could spark questions over its hiring strategy.
Investors have still not woken up to the prospect that the US economy the world's largest faces years of 'anaemic' growth as Americans tighten their belts a leading analyst has warned.
Financial regulator introduces new code to link pay and bonuses at banks to longterm profitability.
The Bank's credibility and authority have been greatly undermined by the events of the past two years writes Jeremy Warner
Aberdeen Asset Management has suffered a further £2.4bn fall in the value of funds under management excluding the boost to its portfolio from its £360m purchase late last year of Credit Suisse ...
The Government has unveiled the biggest shakeup of financial regulation since it came to power in 1997.
City critics have claimed that the finance white paper poses a further threat to the economy by undermining Britain's competitive position and giving banks extra incentive to cut lending levels.
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