News

Britain's clout in the European Union is weakening just when plans for a capital markets union present a "golden opportunity" for London's financial sector, UK lawmakers said on Monday.

The head of Julius Baer said on Monday he was confident the Swiss bank would resolve this year a U.S. probe for allegedly helping wealthy Americans to evade taxes with hidden offshore accounts.

The daughter of the boss of Korean Air, on trial in a case popularly known as "nut rage", treated flight crew like "feudal slaves", a chief steward said in court on Monday.