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This week the Independent Commission on Banking, headed by Vickers, published its report on the UK’s banking sector. In its report, the commission recommended that the UK’s largest banks hold more capital and ring-fence their retail banks from riskier investment banking operations to protect taxpayers from future bailouts.

As Sir John Vickers gave his verdict on the future of UK banking, Kevin Smith made sure that Standard Chartered's immediate future would not involve him. Meanwhile, Jamie Dimon and JP Morgan had something to celebrate and Gordon Brown had something to confess when he admitted ‘big mistakes’ in regulating the banking system.

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Sebastian Walsh

JP Morgan

Hedge fund Qube Research searches Dubai for its next top trader 

Brevan Howard’s Master fund gains 4.5% in April 

UK policymakers must ‘listen to industry participants’ on crypto regulations 

RBC revamps European sales team with ex-UBS fixed income head

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Mark Tinworth joins Canadian bank in newly created role

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The insurance market has picked an internal candidate for the top job

Paul Hastings hires fourth White & Case infrastructure partner

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President Trump lauded the agreement as the first with a major trading partner since he imposed blanket tariffs on countries worldwide.

U.S. and U.K. Unveil Framework for Trade Deal

The former employees are set to strike it rich for telling U.S. authorities Credit Suisse wasn’t living up to its promise to block tax evasion.

Whistleblowers Who Defied Credit Suisse Are About to Share up to $150 Million

After a decade of wild spending, Paris Saint-Germain retreated from signing big-name superstars to build around youth. Now it’s heading to a Champions League final against Inter Milan.

The Team That Lost Messi and Mbappé—and Then Got Better

Early opponents of corporate influence in healthcare see parallels in another trusted profession.

Doctors Warn Accountants of Private-Equity Drain on Quality: You Could Be Next

Despite the increased violence, including cross-border shelling, both sides appeared to be calibrating their moves to avoid a descent into full-blown conflict.

By Tripti Lahiri, Waqar Gillani and Aakash Hassan 

India and Pakistan Face Off but Seek to Contain Fallout

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