British Regulator to Examine Competition in Investment Banking

LONDON — The Financial Conduct Authority of Britain said on Thursday that it planned to review whether competition was working properly in the corporate and investment banking sectors.

Banks cut 5,500 branches across Europe in 2012

(Reuters) - Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was plunged into crisis in 2008.

Financial Industry Is Serious About Cybersecurity

The financial industry has been under a constant state of attack for the past year as hackers attempt to steal clients’ money, crash computer systems and disrupt capital markets.