Morzaria faces a challenging job at a bank that has pledged to improve relations with regulators and raise standards as it seeks to recover from a series of scandals.

Boeing shares rise as report calms concerns about a re-occurrence of problems with batteries that grounded the entire 787 fleet for three months earlier this year.

Former RP Martin brokers due in court Friday to face criminal charges of conspiracy to defraud.

Would easily bust a planned cap on bonuses, first-time figures from the bloc's banking regulator show.

Police say there are indications of similar practices at other foreign drug firms.

Publishing figures on bank pay for the first time, the European Banking Authority said 2,436 bankers based in the U.K. pocketed 1 million euros or more in 2011.

Says it wants to first see the impact of a similar decision in Australia.

Fire that broke out on parked plane at Heathrow is latest blow to Boeing after earlier grounding.

Incident is a fresh blow for the U.S. planemaker which earlier this year was forced to ground the new planes for three months after battery fires.