British bank Barclays ended 2011 with its worst quarter for three years as a sharp fall at its investment banking arm dragged down its annual profit. ...
One of the world's biggest investment banks has made one almighty statement. In its plan to save money, Deutsche Bank is going to cut bankers' bonuses...
Greek Prime Minister Lucas Papademos hosts a meeting at his office with business federations and unions. He's considering changing workers' contracts,...
Britain's biggest department store group John Lewis saw its profits drop by almost 4% in 2011, leading to the same cut in their staff bonus to 14%. Bu...
As investment bank bonus pools continue to shrink, banks are expected to continue to layoff staff. The WSJ's Deborah Kan speaks to Christian Brun from...
Barclays PLC's Chief Executive Bob Diamond's multi-million pound bonus is under scrutiny after an influential investor advisory group flagged concerns...
Barclays Chairman Marcus Agius appearing before U.K. lawmakers announced that the former CEO Robert Diamond will forgo deferred bonuses valued up to $...
Barclays announces profits of £246m after deductions, and says it will cut 3,700 jobs following a strategic review, in an effort to reduce its costs b...