UK Survey Reveals Economic Uncertainty Impacting Businesses

A recent survey has indicated that British business leaders are putting on hold hiring and investment decisions, in line with the predications made prior to the referendum. Around 1,000 business leaders were surveyed by the Institute of Directors (IoD) in

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Carsten Kengeter Believes LSE & Deutsche Boerse Must Merge

The head of German’s stock exchange has said that unless the proposed merger between London Stock Exchange (LSE) and the German stock exchange Deutsche Boerse succeeds, American entities will take control of the LSE. The two exchanges came to an

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Barclays Jes Staley Brings In JP Morgan’s Paul Compton As COO

Jes Staley, the newly appointed chief executive officer of Barclays Bank Plc has confirmed hiring a former colleague from JP Morgan, Paul Compton to be the bank’s new chief operating officer (COO). Compton will be replacing Jonathan Moulds as Barclays

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Barclays To Cut 1,000 Investment Banking Jobs Across The Globe

Barclays is planning to cut around 1,000 investment banking jobs across its offices worldwide as a part of sweeping restructuring plan. According to reports, its operations in Asia have borne the brunt of the cuts as investment banking businesses in

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Steel Unions Pressure British Government To Take Action

The British Government has come under renewed pressure to take action to support the steel industry after Tata Steel announced yet another round of job cuts. Tata Steel is expected to cut around 1,000 jobs at its steel plants which

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HSBC Avoids another Fine

Whilst the UK’s Financial Conduct Authority has recently been showing its teeth and forcing many banking institutions to pay huge fines and often compensate customers for what they have decided was unfair businesses practices, one bank that will be breathing

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UK Royal Mail to Bid for Dutch PostNL?

Those Binary Options traders who have their ears to the ground have been picking up speculation very recently that Moya Greene who is tasked with being the Chief Executive of the UK’s Royal Mail is about to attempt an acquisition

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EBA Makes Changes On Banker Bonuses Policy

The European Union made a number of changes to its financial policies after the global recession of 2007-2009. A number of those changes were directed at the banking industry and focused on limiting the ability of banker’s bonuses and performance

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Will Coca Cola and McDonald’s Share Values Tumble?

With many Governments of the world taking a closer look at food related products in their quest to keep their citizens fit and healthy many industry experts are predicting that some of the major food and beverage manufacturers may soon

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Top International Banks Must Raise €1.1 Trillion Debt By 2022

A global group of policymakers estimates that the top international banks will have to raise around €1.1 trillion before 2022 for special debt that will stop taxpayer bailouts of lenders. The global group of policymakers stated that it has now

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