As major banks abandon the diamond-trading world, one new lender is preparing to jump in.

A global insurance giant has picked Dublin as its new post-Brexit base.

Brexit is set to deliver a much-heralded jobs boom with over 80,000 new roles to be created - in Frankfurt.

Frankfurt’s international schools see a bonus from Brexit after a deluge of calls from bankers who are set to be posted to Germany’s financial centres now that the UK has decided to leave the EU.

International banking giant Standard Chartered has said it heavily considered Dublin as its post-Brexit EU base before selecting Frankfurt, in what was “a very close call”.

The UK’s Labour Party has held a series of meetings with top finance executives, setting out how it would levy taxes on one of the world’s biggest financial trading centres if it snatched power from Prime Minister Theresa May.

A six-year push to impose a tax on financial transactions in the EU may have run its course, with Germany and France hesitating as they prepare for Brexit and a redrawing of the financial map.

The “relief rally” by markets on the outcome of the first round of the French presidential elections makes it likely that the Government will get its planned sale of AIB shares away by early summer, a leading analyst has said.

Royal Bank of Scotland will have to raise around £2 billion to boost its financial strength after failing the Bank of England's annual health check of the sector.

Donald Trump’s foreign policy may see the US lose key allies, writes Mark Champion

Oil investors are finally buying into the notion that the biggest risk to the price now is supply falling short of demand, rather than from any stubborn overhang of unwanted crude, the options market shows.

The London market closed higher with traders cheered by strong US economic data, soothing a hangover caused by Thursday’s stark warning by the Bank of England governor about the cost of a Brexit vote.

Standard Chartered would risk a staff exodus if it cut bonuses, chairman John Peace said yesterday, responding to investor anger over high pay when the bank’s shares have tumbled and there will be no final dividend for 2015.

The UK’s top banks are set for one of their worst first-quarter earnings seasons since the financial crisis, adding to their struggle to win over investors against a backdrop of misconduct charges, a weak economic outlook and uncertainty over Brexit.

The London market edged back into positive territory as a rise in the price of oil eased the pressure on top-flight stocks.

HSBC Holdings is discovering that the oil crash extends far beyond the deserts of the Gulf, the plains of west Texas, and the shale fields of North Dakota. Even Petroceltic, the small energy company in Dublin, can inflict pain.

The relief rally that swept through Europe’s stock markets this week came to an abrupt halt, as shares slid for the eighth time in nine days and hit their lowest levels since September 2013.

PAUL O’CONNELL never led any of his teammates to heroic acts of defiance by telling them their opponents were magnificent athletes, wonderfully skilful players, do-or-die competitors, and all-round good blokes who phoned their mother most nights.

The corporate and financial elite have ended their annual love fest in Davos, the Swiss ski resort.

Let’s call it Gwinner’s Law. In 1999, marketing guru Kevin Gwinner of Kansas State University proved the phenomenon of image transfer, writes Larry Ryan.

UK bank Standard Chartered could be acquired by a white knight, because its recovery could prove to be “challenging”, according to broker CLSA, which upgraded shares of the Asia-focused lender on that possibility.

Dutch co-operative bank Rabobank plans to lay off nearly a fifth of its workforce to boost profits and prepare for tougher European banking guidelines.

The crisis at soccer’s global governing body continues to spread as authorities in Germany and Switzerland target banks and national sport associations for financial transactions linked to Fifa.

Global regulators have reached a draft agreement on a rule on stopping banks from being ‘too big to fail’ by requiring them to hold enough equity capital and bonds to avoid taxpayers being called on in a crisis.

Standard Chartered bank has appointed a former US military intelligence officer to head its sanctions compliance in New York, where the Asia-focused bank’s conduct is under scrutiny from authorities.

Britain is prepared to review a tax on banks to head off the threat that large multinational banks like HSBC could leave London’s financial centre and shift their operations overseas, the Sunday Times reported, citing industry sources.

Britain’s largest banks are urging the UK Treasury to start a formal review of taxes on the industry, amid concern HSBC Holdings and Standard Chartered could move overseas to avoid a levy on balance sheets.

Three British banks named in a US indictment relating to the Fifa corruption scandal are reviewing payments set out in the document.

Britain’s seven biggest lenders will have to show they can cope with a global economic slump triggered by a sharp slowdown in China and a crash in the eurozone in this year’s round of stress tests conducted by the Bank of England (BoE).

Britain’s seven biggest lenders will have to show how they would cope with a global economic downturn causing the worst deflationary spiral since the 1930s under a new Bank of England stress test later this year.

Banking giant HSBC prevented the FTSE 100 Index from climbing towards a new record high today after its profits fell by more than expected.

Eight lenders in the UK will learn tomorrow whether they have passed Bank of England tests showing how they would cope with severe economic stress.

Britain’s relations with the EU took another knock yesterday when its legal challenge to a limit on bankers’ bonuses was rejected by an adviser to the bloc’s top court.

High-flying directors at Irish-based aircraft leasing company, Pembroke Capital, last year shared a pay pot of $4.2m (€3.34m) or an average of just under $600,000 each.