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Britain has sold an extra 7.8-percent stake in bailed-out Lloyds Banking Group for £4.2 billion ($6.9 billion, 5.0 billion euros), it said Wednesday. The...
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World
A former top executive at Deutsche Bank, who committed suicide in January, was worried about investigations into Germany’s biggest lender, an inquest into his...
World
The US tax authority on Tuesday ruled that Bitcoin will be taxed as property, like stocks or real estate, rather than as a basic...
World
A judge has placed the head of a Mexican oil services firm under house arrest under suspicion that his company defrauded US bank Citigroup...
World
Britain’s state-rescued Royal Bank of Scotland held initial talks with Japan’s Sumitomo Mitsui Financial Group about the sale of US retail division RBS Citizens,...
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French bank BNP Paribas said Monday it plans to cut 1,600 jobs at its Ukrainian unit UkrSibBank by 2015 due to political uncertainty in...
World
Britain’s crisis-hit Co-operative Bank on Monday revealed that it needed another £400 million ($660 million, 480 million euros) of fresh capital to help to...
World
One of JPMorgan Chase’s top Chinese executives will resign, according to a bank memo, as regulators probe whether the financial giant violated anti-bribery laws...
World
Swiss bank Credit Suisse agreed Friday to pay $885 million to settle claims that it misled mortgage giants Fannie Mae and Freddie Mac in...
World
Visa and MasterCard have stopped servicing the credit cards of customers using Russian banks affected by the economic sanctions announced in Washington, the banks...