Moody's cut the Royal Bank of Scotland's rating from A3 to Baa1
Jeffrey Corzine is youngest son of Jon Corzine, former co-chairman of Goldman Sachs, MF Global and governor of New Jersey.
Reports say Tom King and Eric Bommensath could leave the investment bank.
The proposal comes as the city faces further pressure from the EU over bonuses.
Bishopsgate Financial's CEO Mike Hampson tells IBTimes TV about why ex-services staff are an asset
Bishopsgate Financial's CEO reveals his company is employing ex-Armed Forces staff due to their organisational and communication skills.
The Ministry of Justice figures reveal that tribunal claims dropped by 79% year-on-year.
Supreme Court rejects Sahara chief's plea for release from custody.
Professor Kamel Mellahi says the payment makes sense given the dangerously high level of pollution in some urban cities.
Morrisons share price lost more than 8% in early trading as the troubled supermarket's woes deepen.
Panasonic is believed to be first company to announce premium to compensate for polluted air.
But the Prime Minister stresses that everyone in the NHS will get at least a 1% pay rise.
Lawyers claim Bernard Madoff's former colleagues were misled for years.
The Financial Times reports that e-commerce giant will not list in Hong Kong.
Three small businesses won the chance to meet with Sir Richard Branson.
Investor Bill Ackman argued that Herbalife is operating as illegal pyramid scheme.
Goldman Sachs says bitcoin's ledger-based technology could hold promise.
The New York Comptroller says the figure is the largest since the financial crisis of 2008.
Construction of nuclear plants, halted after Japan's Fukushima disaster, to resume this year.
G4S accused of overcharging taxpayers on MoJ contract for electronic tagging of criminals.
China's internet firms are looking to enlarge their presence in internet finance sector.
Poundland IPO starts with conditional trading based on 300p offer share price.
Deal gives Alibaba access to content including games, films and English Premier League Soccer.
The Italian bank put a whopping €13.7bn aside to cover losses from bad loans in 2013.
Netherlands may probe allegations that SBM Offshore bribed Petrobras officials $139m.
Iata claims Venezuela is blocking billions in foreign airline payments
Chase Carey, Twenty-First Century Fox chief operating officer, said deal would monopolise broadband sector.
G4S and its rival Serco were officially stripped of their electronic tagging contracts in December
William Popejoy, a trustee of his Pacific Investment Management Company said he was overpaid.
Ashley, who owns Newcastle United, has not received any remuneration since February 2007 from the firm.