The board ousted Antony Jenkins despite one of the best half-year results in a while. And it's not clear what will change. So why did the share price leap?
Global investors were begging for decisive signals from the Federal Reserve going into Wednesday's meeting, but Janet Yellen was never going to oblige them.
LONDON Drugmaker GlaxoSmithKline, which was fined a record 3 billion yuan ($483 million) for corruption in China last year and is examining possible staff misconduct elsewhere, faces new allegations of bribery in Romania.
Yanis Varoufakis had a brief yet eventful spell as Greek finance minister but history may remember him best for making hearts flutter when he visited George Osborne in February dressed as if he'd come from a nightclub.
The Financial Conduct Authority's director of supervision, Tracey McDermott, says: 'Firms should have in place systems to manage the risks posed by benchmark activities.