Big banks swing axe to slash 5,350 jobs

Big banks swing axe to slash 5,350 jobs

Deutsche, Morgan Stanley and Citigroup prepare to shed more staff as the industry struggles to adapt to economic woes and new regulation

Top Obama donor leaves UBS Americas

Top Obama donor leaves UBS Americas

The chairman of UBS Americas and a top donor to President Barack Obama is leaving the Swiss bank to start his own advisory firm

Google pressed on mobile services by EU

Google pressed on mobile services by EU

Antitrust enforcer demands the group makes sweeping changes, paving way for formal charges for anti-competitive behaviour if settlement talks fail

Dreyfus postpones IPO for Brazilian unit

Dreyfus postpones IPO for Brazilian unit

French group's move to defer the listing of its sugar and ethanol business comes after it failed to generate demand in the country's stock market
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