UK prime minister Theresa May in Parliament after the vote on her Brexit deal. Photograph: Reuters

World equity markets on Wednesday held their nerve after the heavy parliamentary defeat of British prime minister Theresa May’s Brexit deal as investo(...)

The bank’s efficiency ratio, a measure of how much it costs to produce a dollar of revenue, dropped to 57.4 per cent last year.

Citigroup gave investors the first look at how Wall Street banks fared during the violent market swings at the end of 2018 – and it’s grim. Revenue f(...)

Roma, one of Netflix’s original movies, is now considered an Oscar favourite having taken best director and foreign language motion picture at the Globes. Photograph:   Carlos Somonte

MONDAY Results: Citigroup. Indicators: Irish construction PMI (Dec); Euro zone industrial production (Nov); US imports and exports (Nov), constructi(...)

Tesco bucked the UK trend in its sector with higher UK like-for-like sales over Christmas. Photograph: Reuters

European shares closed higher on Thursday as investors shrugged off concerns about the car-making and retail sectors. The pan-European Stoxx 600 inde(...)

Traders on the floor of the New York Stock Exchange. The most prescient bear on Wall Street in 2018 was Morgan Stanley’s Michael Wilson, who warned we were witnessing a “rolling bear market”. Photograph: Brendan McDermid/Reuters

Investors entered 2018 in exuberant form but it turned out to be a lousy year for global stocks. Will the bears prevail again in 2019? Do market strat(...)

Many affected staff had hoped they could keep their families in London and commute weekly to wherever their job was moved. Photograph: iStock

Four big US banks have warned staff that commuting from London to European cities is “not a long-term option” after Brexit and that financial support (...)

Investor worries are growing as US president Donald Trump threatens a partial government shutdown.  Photograph: Reuters

Global stock markets came under renewed pressure on Thursday, with Wall Street dropping further as the threat of a US government shutdown this weekend(...)

Goldman earns about 14 per cent of its net revenue from Asia, according to its latest quarterly results, compared with about 60 per cent for its core US business.

Malaysia is to pursue criminal charges against Goldman Sachs units based in the UK, Singapore and Hong Kong in connection with $6.5 billion (€5.7 bill(...)

Asos shares fell over 37 per cent on Monday. Photograph: Suzanne Plunkett/Reuters

European shares tumbled on Monday when a profit warning from online fashion retailer Asos sent retail stocks into nose-dive as investors fretted that (...)

The Malaysian attorney general’s office is seeking fines worth more than $3 billion (€2.7 billion) from Goldman Sachs subsidiaries and its former bankers.

Malaysian prosecutors have filed criminal charges against Goldman Sachs and two of its bankers for their role in the alleged embezzling of billions of(...)

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