Banking culture breeds dishonesty, scientific study finds
A banking culture that implicitly puts financial gain above all else fuels greed and dishonesty and makes bankers more likely to cheat, according to the findings of a scientific study.
Business
Britain's relations with the European Union took another knock on Thursday when its legal challenge to a limit on bankers' bonuses was rejected by an adviser to the bloc's top court.
Royal Bank of Scotland has been fined 56 million pounds ($88 million) by Britain's financial regulators for a system crash in 2012 that left millions of customers unable to make or receive payments.
Goldman Sachs Group Inc said it fired two staff after a junior employee passed confidential information from the Federal Reserve Bank of New York, his former employer, to a senior colleague in the investment bank.
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