Standard Chartered has denied chief executive Peter Sands is about to be removed following pressure from shareholders.
The use of female-only shortlists to get more women on City boards has been found to be unlawful, according to the Equalities and Human Rights Commission.
Hackers have attacked the European Central Bank (ECB), stealing personal data including emails addresses and contact information from the organization’s public website.
B&Q emerged today as the big loser of the summer as the UK’s largest DIY chain admitted it failed to capitalise on the recent heatwave, causing the City to abandon parent company Kingfisher
EasyJet shares suffered their worst drop in two years in early London trading after the airline warned higher airport charges and fare pressure at Gatwick will hit annual profits.
Two energy giants have been forced to pay an extra £3.3 million over the prolonged power cuts that affected nearly one million homes following last Christmas’s storms.
One of the most high-profile challenger banks in the UK, Metro Bank, continued to grow its customer base and reduce its losses in the last three months.
Unions are demanding answers over the future of Sellafield, one of the world’s most hazardous nuclear sites, as the US engineer leading toxic clean-up work there faces a $4bn (£2.3bn) takeover.
TalkTalk has kept revenues rising for a sixth quarter in a row, thanks to its expanding TV and mobile business, which helped the telecoms company see off a minor revolt over the pay of its chief executive, Dido Harding.
GlaxoSmithKline slashed its growth forecasts and stopped a billion-pound plus share buyback yesterday as its chief executive, Sir Andrew Witty, said he remained “concerned” about allegations that it bribed doctors in China to prescribe its drugs.
Outlook As British firms pour back into corruption-prone Iran in the hope of an imminent end to sanctions, a little-noticed Supreme Court judgment brings some cheer to their stressed compliance departments.
Outlook: A few words on this talk of the exodus of rich Russians, and their money, from London.
Outlook Peter Sands’s hold on the chief executive position at Standard Chartered seems ever more tenuous. Yesterday, an exhaustively researched story in the Financial Times was splashed across its front cover, with a further page inside, documenting the extreme difficulties the emerging markets bank is going through.
Deal fever is still gripping the City, with new rumours emerging daily.
Just as the US economy strengthens, other countries threaten to drag it down. Employers in the US are creating jobs at the fastest pace since the late 1990s and the economy finally looks ready to expand at a healthy rate.
Everyone knows we are going to get higher interest rates. The market consensus now is that the first increase will come either in November this year or in February next – it cannot be later than February because that would be running into the election period, and traditionally the Bank does not like to change rates at that time. After the Bank of England Monetary Policy Committee minutes were pu
The legal time limit forcing watchdogs to act against some City miscreants within just three years of discovering misconduct in the City doubles today.
Facebook revenue rose 61 per cent in its latest quarter, helped by a strong performance from its mobile advertising business, the company said late today.
One of the Tories’ biggest donors and a major contributor to the Scottish “No” campaign runs a vast oil-trading company which has potentially avoided UK corporate taxes on billions of pounds of profit with the blessing of the tax man.
When it comes to the financial industry’s richest and most risk-taking executives, few top those in the world of energy trading.
Facebook founder Mark Zuckerberg will testify in court against an entrepreneur charged with forgery after claiming half ownership of the multibillion-dollar company.
Poor Bill Ackman.
Shares in Standard Chartered fell just 0.5 per cent today as investors shrugged off a report that it is losing further business in its core Asian markets.
The debate over the UK’s first interest rate rise since the recession intensified today as minutes of the Bank of England’s latest meeting suggested risks to the recovery from an early hike were “receding”.
We’ve been calling it the iWatch for months now, but a newly-published patent from Apple suggests that the company’s long-rumoured smartwatch might actually be called the iTime.
China has arrested five people in connection with an ongoing probe into allegations that a Shanghai-based food firm supplied "rotten" meat to clients, including McDonald's, KFC and Pizza Hut.
The Government walked into a row yesterday after it “invited” Britain’s Big Six energy companies to hand customers a windfall they’ve pocketed through a deal made last December over official green levies.
Royal Bank of Scotland executives have been accused of being “wilfully obtuse” with a Parliamentary committee over whether its controversial Global Restructuring Group was run as an “internal profit centre” for the bank.
Outlook It wasn’t all that long ago that the makers of Crocs were aspiring to be the biggest reptiles in the footwear world.
Outlook The City is now in the midst of the summer silly season as regards news. So here’s an apparently silly story.