Gargantuan Libor task becomes clearer
Regulators seem to to be saying that if they cannot stop bad behaviour, they will at least make sure banks have enough cash to pay for the lawsuits European Companies…
RBS warns of dark days ahead in clean-up
UK lender faces another period of intense upheaval that would trigger billions of pounds of fresh losses as it set out a strategy to clean up the bank European Companies…
Vivendi CFO to leave for Veolia
Philippe Capron, one of Vivendi’s most influential executives, played a critical role in dealmaking at the French media and telecoms company European Companies News…
Berliners to vote in energy referendum
In the latest initiative to decentralise energy production, the capital’s residents are to decided whether to take over the electricity grid from Sweden’s Vattenfall European Companies News…
Refining overcapacity hits oil majors
Major oil groups have been hit by overcapacity in the refining industry and weak demand for petrol and diesel in slowing western economies European Companies News…
RBS suspends two forex traders
Another sign that the global probe by regulators into the suspected manipulation of the currency market is rapidly gaining traction European Companies News…
Shell – when size becomes a problem
The company looks lost, a lumbering dinosaur in a world where the prizes go to the quick and nimble. To release potential it needs to be broken up European Companies…
Bwin founders sell out of gaming group
Two founders of the online gaming site Bwin.party are to sell their shares rather than submit to the scrutiny of a New Jersey licence application European Companies News…
Trio of UK star rainmakers team up
Simon Warshaw, former co-head of investment banking at UBS is set to join Robertson Robey, formed by Simon Robey and Sir Simon Robertson European Companies News…
Currency markets rattled by probes
Barclays becomes latest bank to launch probe into its foreign exchange trading, adding to a growing worries over an industry-wide investigation European Companies News…
