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Standard Chartered PLC today announced the closure of its institutional cash equities, equity research and equity capital markets (ECM) activities, leading to 200 job losses, as the Group continues cut costs. The decision to close its…

Retail bank IT investment in 2015 will be focused on driving revenue growth, according to new research from Ovum, the global analyst house. Digital channels will be at the heart of this activity, particularly as the improving economy has…

The Eurozone has slipped into deflation for the first time since October 2009 as the annual change in the Consumer Price Index fell below zero to -0.2% in December, Eurostat reported on January 7, 2015. The unemployment rate across the…

Private equity fundraising remained strong in 2014, although capital was concentrated among fewer funds, according to Preqin. According to Preqin, 977 private equity funds held a final close throughout the year raising a total of $486…