18-Nov-08
Senior executives and traders at UBS will forfeit previously earned bonuses if they underperform, under a radical...
Citigroup London in firing line over 52,000 job cut plan17-Nov-08
Sir Win Bischoff, chairman of Citigroup, today admitted that staff numbers in London and New York will be hit...
Lloyds TSB and HBOS shares fall ahead of merger vote17-Nov-08
Shares in HBOS slid more than 10 per cent this morning as wary investors continue to question the prospect of the...
Barclays capital plan vetoed by activists17-Nov-08
The chances of a shareholder revolt against Barclays' £7.3 billion capital-raising plan were kept alive today as...
Goldman Sachs withholds bonuses from top executives17-Nov-08
Senior executives in Goldman Sachs, the US investment banking group, will not receive bonuses this year, the...
Lovells reappoints David Harris as managing partner17-Nov-08
Lovells has reappointed David Harris as managing partner just two weeks after reporting one of the standout...
RBS to slash 3,000 banking jobs worldwide14-Nov-08
Royal Bank of Scotland (RBS), the struggling bank, is preparing to axe up to 3,000 staff across its worldwide...
BT to slash 10,000 jobs after profits plunge13-Nov-08
BT today revealed plans to cut 10,000 jobs by the end of the year after pre-tax profits slumped by 11 per cent in...
Pressure builds on Barclays to force better deal13-Nov-08
Barclays is exploring whether its Gulf investors might be prepared to accept a watering down of the terms of their...
Sainsbury's defies gloom with 11% profit rise12-Nov-08
J Sainsbury, the UK supermarket group, appeared to shake-off some of the gloom gripping the retail sector today...
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