World
Customers at one of Australia’s largest banks ANZ won a partial victory Wednesday when a judge ruled that high penalties it imposed for late...
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World
JPMorgan Chase will pay $614 million to settle US charges that it approved thousands of bad loans that wrongly qualified for federal insurance, the...
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...
World
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...
World
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...
World
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...