George Osborne and the City regulator announce new penalties for market manipulation in the wake of the forex scandal. 13:35, UK, Monday 22 December 2014.
Russia has bailed out a mid-sized bank to save it from bankruptcy - a clear sign that the slide in the value of the rouble in the wake of falling oil prices is straining the banking system.
Email; Share; Tweet; Save; More. LONDON - Despite recent curbs on bonus payments in Europe, senior employees of financial companies in London expect their bonuses for 2014 to be 21 percent higher than last year, according to the results of a survey by ...
UK banks must go far beyond bolstering financial strength to restore confidence after recent scandals and should guard against complacency about possible cyber-attacks, the Bank of England warned today.
Russia is heading for a �full-fledged� economic crisis, President Vladimir Putin's former finance minister warned, even as the ruble rallied for a second day.