The regulatory oversight of the mutual was also called into question. The Financial Services Authority, the former regulator that was disbanded this year, approved Rev Flowers's appointment as a ...

Some 64,000 engineers have sued Google, Apple, Intel and Adobe Systems for forming a different type of alliance - to stop the companies poaching each other's staff. The companies themselves (plus ...

Goldman Sachs was fined €37m on Wednesday as part of an EU cartel inquiry into subsea power cables that highlights the legal risks faced by buyout groups.

But while lending has continued at a rapid rate, investors have become more demanding. The latest 5-year bond sold in April ...

"Our review has raised concerns surrounding conflicted business relationships between Ocwen and Altisource Portfolio," Mr ...

OpCapita is set to receive close to £70m from the collapse last year of Comet, the electricals chain. The revelation that OpCapita managed to squeeze more money out of the administration than thought ...

UBS has struck two deals to outsource most of its fixed income trading platform in a radical step highlighting the scale of cost pressures in the investment banking sector.

One day you are hot, the next day you are not - and so it is with Genghis bonds which have suffered a sharp market correction in the wake of June's market rout. Back in November, eyebrows were raised ...

South Korea's exchange operator, Korea Exchange (KRX), is rushing to implement a "kill switch" system designed to minimise the fallout from trading algorithms going wrong after a local broker was ...

The "naked official" phenomenon has become synonymous with corruption in China, as people ask how officials on meagre government salaries can afford to support their family members overseas.

More than 1,000 workers have gone on strike at an IBM factory in southern China, in objection to the terms of their transfer ...

One of the brightest stars of the Madrid stock market imploded on Sunday, after WiFi provider Let's Gowex was forced to declare bankruptcy and admit that its chief executive and founder had falsified ...