The life of Standard Chartered bankers is a lucrative one as they not only work in one of the top banks of the world, but their salary is also believed to be highest among all the bankers of the world

A recent report has revealed that President James Bullard from Federal Reserve Bank of St. Louis fears the recurrence of inflation period by late 2013.

It seems that the tough time has affected Credit Suisse Group badly, as it has been revealed that its Chief Executive Officer Brady Dougan has received half of his deemed salary this year.

As per recent reports, it has been revealed that a third cut is expected from the side of the Reserve Bank of Australia.

Abiding by their last year statement, where the Royal Bank of Scotland has said that they would be reducing their operating areas which would also lead to job losses, it has been confirmed that they w

Soon UK's Central Bank would be transformed and it would be the owner of numerous powers which could overhaul the country's regulatory regimen.

Banking analysts believe that the new plans of the government, which include the ringfencing of banks is likely to affect the economy because of high borrowing rates for the first-time buyers due of l

On Monday, euro hit a one-month high and is heading towards $1.50, ahead of a European Central Bank policy meeting later this week.