The volatility witnessed in Chinese stock markets last week needs to be seen in the context of broader market adjustments which will continue throughout this year, the CEO of Swiss investment bank UBS has said.
The Bank of England should scrap its rate-setting committee and use quantitative easing as its main monetary tool, says a new study.
Kian Abouhossein, head of European banking research at JP Morgan, shares his concerns about the banking sector, but recommends the M&A space and investment banking as areas of earnings growth.
The heat is on between a credit union catering to cannabis and the Federal Reserve, in a case heard by a Colorado court this week.
Swiss authorities have issued industry bans against six former managers and traders of UBS's foreign exchange and precious metals business.
JPMorgan Chase, U.S. Bancorp and PNC joined Wells Fargo in raising the prime rate.
New Zealand's central bank cut interest rates to match a record low, but the kiwi dollar climbed on expectations the easing cycle may be ending.
Rabobank is due to announce thousands of extra job cuts as part of a strategy aimed at improving its balance sheet and financial results.
New Barclays CEO Jes Staley approached his former JPMorgan colleague Blythe Masters about running the British bank's investment bank division.
The ECB looks set to inject fresh stimulus into the eurozone's economy on Thursday. The FT reports on the five changes the central bank could make.
At a time when bank branches are disappearing by the hundreds, many folks don't seem to care.
A U.S. judge has held Bank of China in contempt for refusing to give account details of companies accused of selling counterfeit goods.
India's Sisyphean bankruptcy system is in the sights of the country's central bank chief, who says reform is desperately needed to protect banks.
Chinese banks are alarmed by a rising number of defaults among jewelry manufacturers, prompting them to review new gold lending more carefully.
Barclays will pay an additional $150 million penalty to New York State's financial regulator, the NYDFS said on Wednesday.
Credit Suisse is on course to become the first international bank to set up a major trading floor in Dublin, the Financial Times reports.
The U.K.’s Serious Fraud Office launched the first criminal proceedings against 10 bankers for manipulating the Euribor on Friday.
O'Leary Financial Group Chairman Kevin O'Leary explains how Apple's move into payments could spell significant trouble for PayPal.
The world's largest banks gained an insight Monday into how much capital they will need to hold in order to buffer themselves from financial crises.
The chairman of the board of Commerzbank, Martin Blessing, has said he will not extend his contract when it ends next October.