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JPMorgan Chase will pay $614 million to settle US charges that it approved thousands of bad loans that wrongly qualified for federal insurance, the...
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World
US banking giant Morgan Stanley Tuesday said it agreed to pay $1.25 billion to settle charges that it misled investors on the sale of...
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US banking giant JPMorgan Chase will pay $1.45 million to settle charges that it permitted a sexually charged work environment that led to unfair...
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Swiss banking giant UBS on Tuesday reported a huge swing back into profit for 2013, reaping the rewards of a radical overhaul launched under...
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Banks in recession-hit Cyprus, reeling from a financial crisis, are struggling with non-performing loans that make up nearly half their lending and are hampering...
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Barclays bank chief executive Antony Jenkins will not take a bonus for his work in 2013 as the group looks to deal with significant...
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Swiss private bank Julius Baer on Monday said net profit fell by 30 percent in 2013 owing to costs related to its takeover of...
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Britain’s state-rescued bank Lloyds said on Monday it will take an extra hit of almost £2.0 billion ($3.3 billion, 2.4 billion euros) to cover...
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A US judge has approved an $8.5 billion settlement between Bank of America and a group of investors for losses on dodgy mortgage-backed securities...
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Libya’s sovereign wealth fund is suing banking giant Goldman Sachs for “deliberately exploiting” its position to make $350 million profit on $1 billion worth...