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Singapore’s Oversea-Chinese Banking Corp. (OCBC) said Tuesday it has offered to buy Hong Kong’s Wing Hang bank for $4.95 billion as it seeks to...
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World
Libya’s sovereign wealth fund is suing French bank Societe Generale in a British court for $1.5 billion (1.1 billion euros) for allegedly channelling bribes...
World
Switzerland said Monday it was investigating a range of banks, including domestic leaders UBS and Credit Suisse along with top global houses, over suspicions...
World
Italian prosecutors on Friday said two former top executives at the Vatican bank will go on trial for money laundering, while the bank’s ex-chairman...
World
Cyprus on Friday abolished restrictions on cash withdrawals imposed a year ago to avoid a run on the banks during bailout negotiations in 2013....
World
Cyprus on Friday abolished restrictions on cash withdrawals imposed a year ago to avoid a run on the banks during bailout negotiations in 2013....
World
Italian bank Intesa Sanpaolo reported a net loss of 4.55 billion euros for 2013 on Friday, after huge asset writedowns to strengthen its balance...
World
The world’s largest retailer Walmart has sued credit card giant Visa for more than $5 billion for conspiring with banks to fix fees that...
World
France has been engaged in a legal tussle over the attempts by the Luxembourg branch of Landsbanki to take over homes used as guarantees...
World
President Vladimir Putin on Thursday said Russia should create its own national payment settlement system, in a clear bid to become more independent of...