Bank of America's latest cull has eliminated 150 jobs of junior bankers at its investment bank, two sources familiar with the ...

U.S. crude oil and natural gas production, along with demand for natural gas and electricity, will all rise to record highs ...

Ex-Barclays boss Jes Staley on Tuesday insisted he was shocked by serial paedophile Jeffrey Epstein's 2019 arrest for sex ...

China equity rallied on the back of monetary and fiscal stimulus in September 2024, but the rally began to fade from October ...

The UK financial watchdog has said it is gearing up to launch an industry-wide redress scheme for customers who were mis-sold ...

While there is a new focus on deregulation and simplification for regulators globally, the regulatory landscape is likely to ...

Major banks have already set aside substantial funds in anticipation of potential compensation payouts. Some experts have ...

Firms would need to offer ‘appropriate compensation’ if a redress scheme is set up, the Financial Conduct Authority said.

Nearly 100,000 fewer people are locking themselves into new mortgage deals before their current deal reaches maturity, data ...

Jes Staley is taking legal action against the Financial Conduct Authority at the Upper Tribunal in London. The former chief ...

The Financial Conduct Authority will host a roundtable for industry leaders to understand the challenges firms face with AI ...

Banks could be forced to proactively tell customers they have been mis-sold car finance, it has today emerged.