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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......

StanChart CEO plans to cut about 1,000 top staff

Disposals also likely, clients to be cut - CEO memo to staff Standard Chartered's new Chief Executive Bill Winters plans to cut up to a quarter of the bank's most senior staff to reduce costs,......

Barclays investment bank in firing line despite change at top

Any investment bankers hoping for an easier ride at British bank Barclays after Chief Executive Antony Jenkins was ousted last week may be in for a surprise. Retail banker Jenkins spent three years......

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......

Greece may find it is easier to close banks than re-open them

Capital controls imposed in Greece are likely to stay in place for months and its banks may need billions of euros of new capital or even face nationalisation under a lengthy financial rebuilding,......

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......

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......

Celebrating 500th Test: India's most memorable wins at home

As India gets set to play its 500th Test, Rajneesh Gupta presents India's memorable Test victories at home. IMAGE: V V S Laxman, left, congratulated by Adam Gilchrist after scoring a double......

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