William Shaw

(Bloomberg) -- Barclays Plc has begun cutting hundreds of jobs as the firm embarks on a £2 billion cost-cutting drive that's part of Chief Executive Officer C.S. Venkatakrishnan's yearslong plan to boost returns.

Goldman Sachs Group Inc. is preparing to scrap an EU-era cap on bonuses for hundreds of its highest paid staff in Britain, according to a person familiar with the matter.

Roles to be axed may include back-office and IT positions CEO Bonnafe is seeking savings to help boost lender's earnings

The head of the UK’s financial watchdog defended a plan to name firms under investigation at an early stage, telling lawmakers that it would come with checks and balances and encourage witnesses to come forward.

The governor of the Bank of England has weighed in on controversial plans by the UK’s Financial Conduct Authority to publicly name some firms that are under investigation at an early stage.

The governor of the Bank of England has weighed in on controversial plans by the UK's Financial Conduct Authority to publicly name some firms that are under investigation at an early stage.

A 25-year-old Bank of America Corp. credit trader died suddenly on Thursday night.

A 25-year-old Bank of America Corp. credit trader died suddenly on Thursday night.

(Bloomberg) -- A 25-year-old Bank of America Corp. credit trader died suddenly on Thursday night. Most Read from Bloomberg