Ambereen Choudhury
Women ascend at Fidelity, Santander while gender gap persists
LONDON - At Fidelity Investments, like Banco Santander SA, decades of preparation and an heiress effect helped propel a woman to the top job...
RBS, HSBC award senior employees $17.8M in shares
LONDON – Royal Bank of Scotland Group PLC and HSBC Holdings PLC, two of Britain’s largest banks, awarded about 10.6 million pounds ($17.8 million)...
RBS soars after reporting 1Q profit increase
LONDON – Royal Bank of Scotland Group PLC, Britain’s largest state-owned lender, jumped by the most in more than two years in London after...
RBS hires Credit Suisse’s Stevenson as chief finance officer
LONDON – Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, hired Ewen Stevenson from Credit Suisse Group AG as chief financial officer.
Stevenson,...
Europe’s banks may need to shrink to cut costs, Barclays says
LONDON - The European banking industry may have to consolidate further if revenue doesn’t recover and firms don’t achieve their cost-savings targets, according to...
Wall Street unoccupied as 200,000 job cuts bring ‘darkest days’
NEW YORK - John Brady, co-head of MF Global Inc.’s Chicago office, was having a vodka cocktail at the Ritz-Carlton in Naples, Florida, overlooking...
BofA may post $27 billion in housing losses, Bernstein says
LONDON - Bank of America Corp., the largest U.S. lender, may face a further $27 billion of housing-related losses between now and 2013 amid...
