US computing giant Oracle have been punished by investors for missing sales targets for the second quarter running.
Dixons Retail have seen annual pre-tax losses of £115.3 million after being hit by costs from troubled online outlet, Pixmania.
A new report from the Prudential Regulation Authority (PRA) says Britain's top banks and building societies need to fill a £27.1bn hole in their balance sheets.
Private equity (PE) exit numbers dropped in Europe last year to 61 from 2011’s total of 85 according to Myths and challenges – How do private equity investors create value?, Ernst & Young’s annual study of European PE exits. The report cites a volatile economic climate and low transactions activity as the primary challenges for PE.
The Parliamentary Commission on Banking Standards have today (Wednesday) published its final report – ‘Changing banking for good’. It outlines the radical reform required to improve standards across the banking industry.
Metapraxis, the business analysis company, has issued a strong warning for FTSE 100 firms to improve financial transparency after analysis revealed that the quality of financial information being provided in CEO statements for the top 100 firms is steadily decreasing.
Cost of listing on AIM has fallen
On Friday Metro Bank set out its recommendations for legislative change in the banking sector, ahead of the Parliamentary Commission on Banking Standards' imminent report.
The Bank of England has announced the departure of MPC member and deputy governor Paul Tucker.
Following the news that the boss of Royal Bank of Scotland, Stephen Hester, has quit his position, the bank have announced that a further 2,000 jobs are to go.