Female Goldman banker agrees settlement

Goldman Sachs banker Sonia Pereiro-Mendez arrives with an unknown man at the Central London Employment Tribunal in London, after she claimed she was cheated out of millions of pounds in bonuses and subjected to sexist comments because she is a woman.

Mother of two claims she was cheated out of millions in bonuses

Hourican quits as chief of Bank of Cyprus

Former RBS executive resigns to spend more time with family

Credit Suisse beats expectations

Shares drop on fears Swiss bank may have to raise capital

Wonga slides to first annual loss

Payday lender’s revenues plunge 31% to £217.2m

RBI rate cuts evade India’s real economy

Rajan blasts lenders as transmission ‘black box’ breaks down

High Street Banks.
©Rosie Hallam

Hidden bank fees sting business for £425m

High street lenders charge 6.4p for every £1 of invoice finance

DoJ aims for May forex deal with 5 banks

US wants to resolve market manipulation claims in one settlement

People walk by the headquarters of Morgan Stanley in New York June 1, 2012
©Eric Thayer/Reuters

Morgan Stanley: double trouble

A 10 per cent return on equity is nice but can the figure stay there?

Britain tests US over Berkshire scrutiny

Buffett company left off provisional ‘too big to fail’ list

Sir Stuart Lipton

Lipton raps housebuilders over ‘crisis’

Developer warns new projects are ‘potential slums of the future’

Bank regulators fail to spot hidden dangers

Seven years after the crash the authorities still know next to nothing

Investors fight for greater say on boards

More than 100 companies face votes on right to nominate directors this season

Volcker urges UK-style regulatory reforms

Ex-Fed chief warns of gaps in US financial supervision

China backs silk road ambitions with $62bn

Plan to build infrastructure abroad to boost industrial exports

Not common or in the garden

The humble sparrow has been attracting attention in New Delhi, writes Victor Mallet

TransUnion in deal with debt registry

Agreement seeks to stamp out underhand collection practices in $3.3tn US consumer debt industry

US insurance start-up valued at $1.5bn

Oscar attracts backing of Goldman and Li Ka-shing

Wonga to report first annual loss

Clampdown on lending practices sends payday lender into the red

Germany’s life assurers: the next crisis?

Guaranteed rates and mismatched liabilities pose risk to system

$5.9bn deal fuels hot property M&A market

Prologis builds on industrial real estate portfolio with KTR bid

Misbehaving banks must have day in court

Elizabeth Warren is right to call out deferred prosecution agreements

Deutsche Bank set to spin off Postbank

Strategic review will to unwind €6bn deal done during financial crisis

Investor ire over bank bonus structure

Prospect of protest votes in coming AGM season

Rothesay Life gears up for an IPO

Pensions insurer shrugs off the heightened competition

AA maps out technological route

Roadside assistance group focuses on online services

Greek default necessary but Grexit is not

Defaulting on the IMF and ECB is the only route to short-term relief

Boutique banks: small is beautiful

Owners start to think about cashing in

Towry to launch online services

Wealth manager and financial planner reveals increases in assets under management and revenues

Standard Chartered avoids call to retreat

UK-based group has been slow to respond to global changes

Strong dollar buffets GE amid restructure

Industrial rump business shows healthy growth despite currency and oil effects

Leach stands down in BlackRock reshuffle

Head of European capital markets considers ‘other opportunities’

HSBC: making withdrawals

Pruning must keep the bank’s long-term coherence in mind

HSBC speeds up exit from emerging markets

‘World’s local bank’ has new plan to become simpler and smaller

Week in Review, April 18

Indian tax, financial fines, global gym deals and Yahoo-Microsoft revise search deal

Struggle at America’s Main Street banks

Bank earnings remain under pressure until Fed lifts rates

Edmund Truell in bid for Quindell arm

Financier in approach for car black box business

Goldman sued over ‘sex discrimination’

Banker claims she was cheated out of millions in bonuses

Too late to disclose Swiss tax?

How can I resolve my father’s bank account situation?

‘Super taper tantrum’ ahead, warns IMF

Fed’s first rate rise risks bond market jolt, says fund official

Politicians’ plans for your wealth

Key manifesto pledges from pensions to property to tax


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