London banks lose old-school ways

Attempts to manipulate Libor, an important interest rate (at which banks can borrow funds from other banks), originated on the trading floors of some of the biggest and oldest banks in London, like Barclays, and government officials on both sides of the A


Private banking's squeezed middle

Echoing their colleagues in investment banking, private bankers in Emerging Europe see the middle segment of their market being squeezed, with only the biggest and the boutiques surviving. That has some casting around for new strategies in the region.


The Big Three in EU Foreign Policy

But behind the scenes lies a tacit agreement that the largest member states with the most resources take the lead. Three of those states are in a category of their own: France, Germany, and the United Kingdom.