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Brexit could bring 100,000 jobs to Frankfurt

The expected mass exodus of UK-based bankers because of Brexit could bring up to 100,000 new jobs to Germany's Frankfurt region over the next four years, according to a study published on Friday.

Investors keep Wells Fargo board at contentious meeting

The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where shareholders castigated the bank's leadership over a fake accounts scandal that severely damaged the company's image.

Microsoft teams with Bank of America on «blockchain»

Microsoft and Bank of America Merrill Lynch on Tuesday announced they are working together to make financial transactions more efficient with blockchain technology -- the foundation of bitcoin digital currency.

Barroso slammed over Goldman Sachs Brexit job

Former European Commission president Jose Manuel Barroso faced a wave of criticism Saturday after it emerged that he will advise US investment bank Goldman Sachs on the fallout from Brexit.

SWIFT reports new «sophisticated» bank hacker attack

The global financial system used to move hundreds of billions of dollars a day, on Friday said highly sophisticated hackers had gained access to a bank aiming to hijack fund transfers made via the network.

Credit Suisse to shed more jobs, slash costs again

Swiss banking giant Credit Suisse on Wednesday said it is aiming to cut an extra almost $1 billion in costs and slash thousands more jobs as it beefs up an ongoing restructuring programme.

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