World
Failed Bitcoin exchange MtGox was Wednesday placed in administration by a Japanese court, with an order for bankruptcy expected to be issued soon, its...
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World
A New York regulator probing Credit Suisse’s role in enabling tax evasion has demanded a trove of additional documents from the bank, a person...
World
The European Parliament adopted new rules Tuesday to tighten the regulation of financial markets in order to stop rampant speculation, including on foodstuffs. The...
World
The European Parliament approved on Tuesday the last elements of a new set of rules to prevent failing banks from ever again driving EU...
World
Citigroup reported slightly higher quarterly earnings on Monday, as lower expenses and credit losses helped offset revenue declines in mortgage finance and trading. The...
World
US bank Citigroup has cut between 200 and 300 additional jobs, most in the global markets business, The Wall Street Journal reports. Some of...
World
Greece’s Eurobank on Saturday said its board had approved a 2.86-billion-euro ($4-billion) capital increase, in the latest move by one of the country’s biggest...
World
US officials said Friday that nine people, including three Ukrainians and a Russian, were charged in a scheme that stole millions of dollars by...
World
Wells Fargo Friday reported higher earnings on better credit quality as increases in industrial and commercial loans offset declines in many home-lending categories. Wells...
World
JPMorgan Chase Friday reported lower earnings due to a drop in its mortgage business as the US banking giant seeks to turn the corner...