Doubts were raised over prospects for funding the government's planned green investment bank, as businesses welcome the proposals but say they lacked detail
Details of a new 'green investment bank', replacing several government quangos and with powers to raise billions from green Individual Saving Accounts and other financial instruments, will be unveiled on Tuesday
Securities industry regulators order Goldman Sachs to pay $21m to settle claims that the bank should have known that Bayou Management was defrauding investors through an alleged Ponzi scheme
The bank agrees to pay $102m, which will be split between homeowners, taxpayers and a trust, to settle a case brought by the state charging that it had provided financing for predatory subprime loans
State-linked Gulf investment group takes 4.99 per cent stake in Italian bank to become largest voting shareholder
Swiss bank makes Eric Varvel the permanent chief executive of its investment banking division, taking over from Paul Calello, who is to become chairman
JPMorgan chief reshuffles top management in attempt to broaden their experience and prepare them for the race for the top job
John Varley has defended the discounted price the UK bank paid for Lehman Brothers' US brokerage in 2008
Jamie Dimon reshuffled JPMorgan Chase's top management, naming a dealmaker as finance chief and moving a close ally to lead the international expansion, in moves that will shape the race to succeed him as chief executive
The US Securities & Exchange Commission broadened its crackdown on alleged abuses in the market for complex financial products, accusing a boutique investment bank of defrauding investors in collateralised debt obligations
Bob Diamond, president of Barclays, testified that the UK bank was not guaranteed huge gains in its acquisition of the bankrupt Lehman Brothers' US brokerage
JPMorgan Chase is pushing ahead with talks to buy a large Brazilian hedge fund and private equity group, in spite of impending US legislation designed to limit the involvement of commercial banks in such activities
The elevation of Anshu Jain, one of the world's best-known investment bankers, to sole charge of the bank's most power powerful division has some observers anointing him as the successor to Josef Ackermann as chief executive
Research reveals that many investment chiefs in the Middle East are beating their benchmark indices, but the achievement is marred by a lack of consistency
Suzanne Kapner and Francesco Guerrera report on the bank's Litton loan business
Goldman Sachs was not the only investment bank to dive into the business of collecting mortgage payments, writes Suzanne Kapner
Goldman Sachs is facing a wave of complaints from consumers over the business practices of its mortgage servicing unit, a subsidiary that collects payments on hundreds of thousands of loans worth tens of billions of dollars.
The top executive of HSBC in North America is leaving the bank just after its US business returned to profitability following a money-losing foray into consumer finance
Tackling the financial exclusion of low earners has been set back by the global economic crisis despite efforts by banks and other organisations
The investment banking unit of Barclays plans to launch a pan-European "dark pool" trading platform as it completes an 18-month drive to build an equities trading business