Former UBS and Citigroup trader was found guilty in 2015 for rigging interbank rate and sentenced to 14 years in prison ...

The peer pressure wrought by voluntary initiatives is of little use if peers quit. And there is little to keep them, especially once the easy wins have been picked off. These pacts are nonbinding and ...

HSBC has launched a fresh search for its next chair, after the bank struggled to find enough suitable candidates for its final shortlist among more than 100 names originally considered for the role.

Barclays and UBS refuse to commit to Net-Zero Banking Alliance following HSBC’s exit despite softening of rules ...

Citigroup is stepping up its poaching of senior dealmakers from JPMorgan, signalling the ambitions of its new banking chief ...

President launches blunt attack on cadres who encourage reckless development then ‘pat their buttocks’ and walk away ...

A new play tells the story of RBS’s rapid expansion and dramatic collapse. Lionel Barber, who began his career as a reporter ...

British insurer Prudential has kicked off the search for a successor to chair Shriti Vadera, the Financial Times reported on ...

Land sales are an important source of income for local governments. Official data shows that Chinese local governments’ income from land sales fell 12 per cent year on year to Rmb1.1tn to the end of ...

Australian Prime Minister Anthony Albanese raised concerns about recent Chinese live fire exercises near his country in a ...

Investment banking is on course to extend a record streak of underperformance, supplying less than a quarter of Wall Street ...

Independent Non-Executive Director Brendan Nelson is set to become interim chair on October 1, HSBC had announced in June. HSBC shares had closed 0.3% lower at 930.20 pence each on Friday in London, ...