Luxembourg hailed the opening of the European headquarters of a third Chinese bank, underlining its yuan business ambitions.» Read More
How are white male managers doing when it comes to diversity? Great! At least that's what the white male managers said in a recent survey. NBC News reports.
U.S. regulators on Monday charged the Chinese arms of five top accounting firms with securities violations over their refusal to produce certain audit papers, raising questions about whether talks between the United States and China to resolve the issue have stalled.
Financial firms could shed up to 11,000 jobs in the first quarter of 2012, according to a report by PricewaterhouseCoopers. PwC banking partner, Andrew Gray, joined CNBC to discuss.