Result Page 297 for Latest Companies News & Archive

Financial Reporting Council opened a probe into the Barclay's auditor PwC at the end of 2011 following a £1.1m fine for Barclays (Photo: Reuters)

Barclays' Head of Equities for Asia-Pacific Nick Wright Retiring Amid Bank Shake-up Rumours

Wright leaves the bank after less than a year in the role.

RBS Edges Towards Junk Status on Scandal and Restructuring Costs

RBS was forced to lower the price of the Citizens Financial IPO

Moody's cut the Royal Bank of Scotland's rating from A3 to Baa1

Former Goldman Sachs Chief's Son Jeffrey Corzine Dead in Apparent Suicide

Jeffrey Corzine is youngest son of Jon Corzine, former co-chairman of Goldman Sachs, MF Global and governor of New Jersey.

Barclays Ready to Oust Investment Banking Heads Tom King and Eric Bommensath

Reports say Tom King and Eric Bommensath could leave the investment bank.

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India: Sahara Group's Subrata Roy to Remain in Custody Until 25 March

Supreme Court rejects Sahara chief's plea for release from custody.

UK Business Expert: Major Firms will Follow Panasonic's Pollution Compensation Move

Professor Kamel Mellahi says the payment makes sense given the dangerously high level of pollution in some urban cities.

Morrisons Shares Tumble After Second Consecutive Profit Drop

Morrisons share price lost more than 8% in early trading as the troubled supermarket's woes deepen.

China Pollution Levels: Chinese New Year 2013 Masked by Smog [PHOTOS]

Japan's Panasonic to Pay Pollution Compensation to China Workers

Panasonic is believed to be first company to announce premium to compensate for polluted air.

Fury Over 1% Public Sector Worker Pay Rise as 600,000 NHS Staff Miss Out

But the Prime Minister stresses that everyone in the NHS will get at least a 1% pay rise.

Bernard L. Madoff Investment Securities' Former Office

Bernard Madoff Staff 'Foolishly' Followed Orders, Manhattan Trial Hears

Lawyers claim Bernard Madoff's former colleagues were misled for years.

Alibaba '95% Certain' about New York Listing

The Financial Times reports that e-commerce giant will not list in Hong Kong.

Richard Branson's Virgin Media Business Backs Tech that Could Change the World

Three small businesses won the chance to meet with Sir Richard Branson.

Herbalife Probed by US Regulators Over 'Pyramid Scheme'

Investor Bill Ackman argued that Herbalife is operating as illegal pyramid scheme.

Bitcoin Not a Currency But Promising Payment Solution, States Goldman Sachs

Goldman Sachs says bitcoin's ledger-based technology could hold promise.

Wall Street's Average Banker Bonus Jumps 15% to $164,000

The New York Comptroller says the figure is the largest since the financial crisis of 2008.

China on Track to Beat 2020 Nuclear Power Targets

Construction of nuclear plants, halted after Japan's Fukushima disaster, to resume this year.

British Security Firm G4S Faces Prison Abuse Allegations

G4S Tagging Scandal: Firm Agrees £108.9m MoJ Repayment

G4S accused of overcharging taxpayers on MoJ contract for electronic tagging of criminals.

China’s Alibaba Shuns Hong Kong Bourse, Targets US for IPO Plan

Alibaba and Tencent Launch Online Credit Cards

China's internet firms are looking to enlarge their presence in internet finance sector.

Cait Reilly was told she would have to participate in two-weeks unpaid work at Poundland

Poundland Shares Jump 22% Pre-IPO

Poundland IPO starts with conditional trading based on 300p offer share price.

China's Alibaba to Pay $804m for 60% Stake in ChinaVision Media

Deal gives Alibaba access to content including games, films and English Premier League Soccer.

UniCredit to Axe 8,500 Jobs After Record €14bn Annual Loss

The Italian bank put a whopping €13.7bn aside to cover losses from bad loans in 2013.

Petrobras has until the end of June to report the results, or it risks facing loan defaults.

Petrobras Netherlands Probe will be Monitored by Brazil Committee

Netherlands may probe allegations that SBM Offshore bribed Petrobras officials $139m.

Global Airlines' 2014 Profits Hit By Venezuela Keeping $3.7bn in Funds and Ukraine Crisis

Iata claims Venezuela is blocking billions in foreign airline payments

Time Warner Cable headquarters in New York

Comcast-Time Warner Cable Merger Prompts Broadband Monopoly Attack

Chase Carey, Twenty-First Century Fox chief operating officer, said deal would monopolise broadband sector.

G4S Remains Under Government Criminal Investigation for Tagging Contract Scandal

G4S Shares Plunge as Government Criminal Investigation Continues

G4S and its rival Serco were officially stripped of their electronic tagging contracts in December

Pimco's Bill Gross Slammed for $200m Pay Package

William Popejoy, a trustee of his Pacific Investment Management Company said he was overpaid.

Sports Direct's Billionaire Founder Mike Ashley Eyes £65m Share Bonus

Ashley, who owns Newcastle United, has not received any remuneration since February 2007 from the firm.

Co-op CFO Richard Pennycook Steps In as CEO Euan Sutherland Resigns

Sutherland leaves after less than a year at the embattled lender

CME Gets Regulator's Approval to Open Derivatives Exchange in London

CME will launch CME Europe on 27 April and will list commodity products.

Bob Crow Union Firebrand: The RMT Boss in Pictures

IBTimesUK looks back at Bob Crow's life in pictures.

Malaysia Airlines Flight MH370: Call For Biometric Passports to Prevent Threats

Biometric passports and readers can prevent stolen passport holders from breaking laws, says Janice Kephart of SIBA.

SFO Launches Rolls-Royce Bribery and Corruption Probe (Photo: Reuters)

Rolls-Royce Could be Blacklisted by India Over Contract Commissions

Rolls-Royce last week wrote to India's HAL that it hired middleman and is ready to repay commission to government.

GM Appoints Law Firms it Works With to Investigate Recall Response

Legal experts warn of conflict of interest with Jenner & Block and King & Spalding appointments.

Zurich Plans to Axe 800 Global Jobs on $250m Cost Cutting Programme

The insurance giant says customer facing activities will not be impacted.

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