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StanChart to axe 15,000 jobs, raise $5.1 billion in turnaround plan

This is part of an 'aggressive and decisive set of action' to shore up the company.  Standard Chartered said it would axe 15,000 jobs and raise $5.1 billion by selling new shares as its new......

Anshu Jain resigns as Deutsche Bank co-CEO: Report

Jain, who, landed the top spot at Deutsche in 2012, had to resign following criticism from investors Germany's biggest lender Deutsche Bank appointed John Cryan (bottom, left) as its new CEO on......

Regulators fine global banks $3.4 bn in forex probe

Global regulators imposed penalties totalling $3.4 billion on five major banks, including UBS, HSBC and Citigroup on Wednesday for failing to stop their traders from trying to manipulate foreign......

Barclays to axe 3,700 jobs in strategic overhaul

Barclays is to axe at least 3,700 jobs and prune its investment bank, under a restructuring plan launched by its new chief executive which seeks to cut 1.7 billion pounds (approximately Rs 14,341......

Barclays to cut 70 jobs in Asia investment banking

Barclays Plc is cutting at least 70 jobs in Asian investment banking as part of a global strategic review started by Chief Executive Antony Jenkins, sources familiar with the matter told Reuters on......

Golden Globes 2018: Big Little Lies wins

The 75th Annual Golden Globes awards have been announced. There were quite a few surprises and some expected nods. Here's a quick glance at the winners, listed in bold:   IMAGE: Laura Dern,......

Golden Globes 2018: The Shape Of Water, Dunkirk, Big Little Lies lead nominations

Other nominations include Dunkirk, The Post and I, Tonya. The 75th Golden Globe nominations were announced by Alfre Woodard, Garrett Hedlund, Kristen Bell and Sharon Stone at the......

Golden Globes 2016: Leonardo DiCaprio, Jennifer Lawrence win!

The 73rd Golden Globe awards have been announced. A quick look at the winners: The winner's names are in bold.   Best motion picture, drama Mad Max: Fury Road Carol The Revenant Room......

Spin great Warne on what made Tendulkar so special

'If I have to choose any batsman to bat in any conditions, it is a real toss-up between Tendulkar and (Brian) Lara, but I would just choose Tendulkar.' IMAGE: Sachin Tendulkar, left, with Shane......

Bancroft defends ball-tampering interview, says no Warner rift

Two months on from the interview, Bancroft said he had been in touch with Warner, and that all three banned players had supported each other through their "journey".   IMAGE: David Warner and......

'Smith and Warner will be welcomed back with open arms'

'Whatever has happened, has happened. The punishment has been dealt. They have been working really hard off the field to meet every criteria.' IMAGE: David Warner, left, with Steve Smith.......

Who is to blame for Australia's ball-tampering scandal?

'Steve decided to turn a blind eye. He was captain of the country and he should have more control of that.' IMAGE: Darren Lehmann, left, with Steve Smith. Photograph: Scott Barbour/Getty Images......

Is this the weakest Australian team ever to tour India?

‘In my opinion, looking at the composition, this is the weakest Australian side to tour India’ ‘I don't think this team has the wherewithal to cope with a quality Indian side in......

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