Senior HSBC executives will appear before the US Senate on Tuesday, in response to a report claiming that lax monitoring exposed to the bank to money laundering
BoE's most senior officials testify before Treasury select committee about level of management in Barclays' Libor fixing scandal.
Nick Buckles, the chief executive of security firm G4S, is set to face MP’s today over the company’s failure to provide enough security staff for the Olympic Games.
HSBC Bank has been allowing money laundering to happen right under its nose, according to a scathing report by the US Senate. Money suspected to come from drugs and terrorism deals.
US gunners open fire on small boat off coast of United Arab Emirates.
Chancellor desperate to restore reputation and drag Britain out of recession orders big push from rail investment to Bank of England stimulus.
Ex-Barclays COO Jerry Del Missier tells the Treasury Select Committee that instructions he took to lower Libor rates was not significant during the time of October 2008 and emphasises the Bank of England’s role in the scandal.
The International Monetary Fund says Britain's prospects have worsened significantly since its April forecast.
In all likelihood, it seems Mass Effect 3 (ME3) could be the final part of the critically acclaimed trilogy, featuring Commander Shepard as the protagonist. All is not lost for the die-hard fans, as BioWare has promised to keep them hooked to the franchise with a flurry of single-player and multi-player DLCs for ME3 in the near future.
Treasury Select Committee testimony by bank's chief operating officer and senior FSA officials could shed light on scam.
London Olympics and Paralympics shaping up to be first truly 'digital Olympics' as media outlets, social media and companies step up coverage.
US states New York and Connecticut launched a probe into the possible manipulation of the London interbank offered rate (Libor) by several global banks, over six months ago
Ernst & Young's ITEM Club economic outlook report says falling UK inflation will lead to consumer spending boost and return to economic growth in second half of 2012.
AAR is offering to end years of dispute with BP in deal that could see it acquire 12 percent of British oil major
GSK expected to pay $14 per share for US biotechnology company in hostile takeover after earlier bid rejected.
US Justice Department identifies potential criminal wrongdoings by big banks and individuals in the interbank rate fixing in what is seen as one of the biggest financial cases.
Riding on the success story of its epic blockbuster video game - Mass Effect trilogy, BioWare released its first anime prequel to Mass Effect 3 at San Diego's Comic Con. The first animation movie from Mass Effect franchise is created by Ghost in the Shell studio Production I.G.
JP Morgan revealed that the losses stemming from the Chief Investment Office's Bruno Iksil stand at $5.8bn and was due to systematic failures in risk management, models, monitoring and escalation.
London 2012 will not provide a long-term boost to the UK economy, according to a Reuters poll of economists, as the country searches for a way out of recession and towards a recovery.
The A-Z of the EU and ECB tool kit for building the bazooka-like firewall around the sovereign debt crisis
Pair say banks will be able to borrow at 0.25 percent interest to incentivise cheaper lending into the real economy, namely consumers and businesses.
In a highly anticipated investor conference call today, JPMorgan announced the ‘highest legal trading losses in history’ on its QT earnings.
Washington Post reveals memo to BoE Governor that casts doubt on his Deputy's testimony to UK lawmakers.
JP Morgan reports Q2 company earnings, and reveals $4.4bn loss after Chief Investment Office's Bruno Iksil made one of the largest legal trading losses in history. Investor call to follow soon.
Singapore's fortunes could be taking a U-turn after it posts an unexpected contraction in its economic data, following a fall in manufacturing and exports
Tough-talking John Mann, the Labour MP who sits on Andrew Tyrie's Treasury committee and labelled Bob Diamond 'incompetent', hits out after being left off banking inquiry panel.
China's slowdown is bound to create serious concern among other economies around the world as the country is one of the largest drivers of global growth.
The global business environment these days has been woven in a more complicated interdependency that some volatility from China could jolt or immobilise the stock markets to as far as Sydney, New York and London.
After Bob Diamond resigned as Barclays chief executive in wake of Libor scandal, former colleague Rich Ricci emerges as favourite successor.
Independent fiscal watchdog Office for Budget Responsibility says more austerity needed to bring public debt down to pre-crisis levels.
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