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United States

Sinead Cruise

Brexit inertia means London's finance workers face summer slump

Apr 18 2019

LONDON The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays.

Brexit inertia means London's finance workers face summer slump

Apr 18 2019

LONDON, April 18 The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays.

Unilever investors gear up for fresh tussle over headquarters

Mar 21 2019

LONDON Some of Unilever's biggest investors in the UK are planning to put renewed pressure on the consumer goods giant to abandon the idea of ditching its dual headquarters in favour of the Netherlands.

Unilever investors gear up for fresh tussle over headquarters

Mar 21 2019

LONDON, March 21 Some of Unilever's biggest investors in the UK are planning to put renewed pressure on the consumer goods giant to abandon the idea of ditching its dual headquarters in favour of the Netherlands.

Fund managers turn up heat on UK companies over diversity, pensions, audit

Mar 20 2019

LONDON Britain's big public companies will face a grilling by asset managers over their track record on diversity, excessive pension payouts to bosses and poor quality audits when they hold annual shareholder meetings over the coming weeks.

HSBC promotes 1300 staff as investment bank overhaul gathers pace: memo

Mar 19 2019

LONDON HSBC is stepping up a root-and-branch overhaul of its global banking and markets division, naming 83 new managing directors in a 1,300-strong promotions spree aimed at revitalizing its investment banking franchise.

Standard Life Aberdeen wins $133 billion Lloyds mandate dispute

Mar 19 2019

LONDON Standard Life Aberdeen said it has won a legal battle to stop Lloyds cancelling a 100 billion pound ($133 billion) investment management contract early, a decision which could cost the bank hundreds of millions of pounds in extra fees.

Junior trader files harassment, discrimination lawsuit against UBS

Mar 14 2019

LONDON A former junior trader who accused UBS of mishandling a complaint of rape and sexual assault by senior colleagues against her has filed a claim in the UK for damages against the Swiss lender, legal documents seen by Reuters show.

Goldman Sachs further shrinks commodities trading

Mar 07 2019

LONDON Goldman Sachs Group Inc , once one of the most active banks in commodities trading, has cut 10 roles to further downsize its global commodities trading division amid rising costs and shrinking profits.

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