Top execs of bailed-out cos to take 50% pay cut

Cracking the whip on the practice of exorbitant salaries, the US government's pay czar has slashed the compensation of top executives by 50 per cent at seven largest bailed-out firms including......

US pay czar to oversee pay practice at Citi

In a bid to rein in exorbitant executive compensation, the US government has appointed a pay czar who will oversee pay practices at seven companies including Citigroup, which have received......

Stress tests show $75bn buffer needed

US regulators on Thursday directed the nation's largest banks to add $74.6bn in additional equity following a three-month stress test designed to measure their ability to withstand an economic......

10 US banks asked to raise $75 bn additional cap

The US Federal government has directed the country's 10 leading banks to boost their capital by $75 billion, following the rigorous stress tests. The much-awaited results of the stress tests on the......

Golfer McIlroy withdraws from Rio Olympics over Zika virus fears

'I trust the Irish people will understand my decision. The unwavering support I receive every time I compete in a golf tournament at home or abroad means the world to me' IMAGE: Northern Ireland's......