News

Barclays is also poised to axe 400 investment bank jobs on top of the 1700 it announced a year ago in a bid to slash costs

Goldman Sachs remains top dog with 7 per cent rise in net earnings

The world's top investment bank has maintained its status as Wall Street's darling. Goldman Sachs cruised past analysts' forecasts to post net earnings of $2.26bn (£1.5bn), a 7 per cent rise, and set aside $4.34bn to pay its bankers during the first three months of 2013.

The Business Matrix: Tuesday 16 April 2013

Greece set to get £2.4bn bailout

Huge profits at JP Morgan boost hopes for US recovery

Mortgage originations climbed strongly compared to last year

Amol Rajan: Caribbean big bash threatened by bankers' silly clash

Rajan’s Wrong ’un

Jamie Dimon spoke of 'positive signs' that signs that US economy is 'healthy and getting stronger'

JP Morgan Chase shows 33% rise amid signs that US economy is 'healthy and getting stronger'

JP Morgan Chase, America’s largest bank by assets, surpassed expectations with its quarterly profits today, booking a 33 per cent rise as chief executive Jamie Dimon spoke of “positive signs” that the world’s largest economy is “healthy and getting stronger.”

Japan tries ‘shock and awe’ to jump-start stalled economy

The Bank of Japan launched “shock and awe” tactics today to pull the world’s third-biggest economy of its deflationary spiral with a hugh expansion of its money printing programme.

James Moore: Salz report won't deliver value for money unless Barclays really changes

The report is actually rather vague. There’s lots of lofty talk about culture and values

Barclays 'must revamp overly generous pay policies,' report finds

Lawyer Anthony Salz calls for Barclays to bolster its board, strengthen its human resources function and ensure pay is linked to the 'long-term success of the institution'

A view of Elland Road

Leeds United owners GFH Capital sell 10 per cent stake to Bahrain bank

There has been uncertainty over GFH Capital's intentions for the Elland Road outfit

Nick D'Aloisio

Page 3 Profile: Nick D’Aloisio, Internet millionaire

Where have I heard that name before?

Anthony Hilton: Making sense of morality and money

Tea in the House of Lords on Thursday with Brian Griffiths, the economist who, back in the 1980s, was a close adviser to Margaret Thatcher in her Downing Street years.

Schroders eyes a takeover of Cazenove

Two of the oldest names in the City look set to come together after fund management group Schroders said it is considering a takeover of its smaller rival Cazenove Capital.

Credit Suisse chief Brady Dougan rewarded with 34% pay rise

Brady Dougan, chief executive of Credit Suisse, received a 34% pay rise last year, taking his total package to Swfr7.7 million (£5.4 million).

The Business Matrix: Friday 22 March 2013

Secure Trust boosts Arbuthnot

Rich Ricci is arguably Britain's most appropriately named banker

Burying bad news on Budget day? It's bumper bonuses for Barclays fat cats

Banks 'wildly out of touch with real world'

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Sol Campbell cries foul at Labour's mansion tax

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