Barclays was hit by a $108.5 million fine on Thursday as it allegedly worked with super-rich clients in a way that could have facilitated financial crime.» Read More
A rare public rift emerged at the core of the European Central Bank on Monday as a key policy-setter said she opposed an extension of money printing.
BlackRock has become the latest investment house to close a macro hedge fund after its $1bn vehicle suffered its worst-ever performance, the FT reports.
Barclays will pay an additional $150 million penalty to New York State's financial regulator, the NYDFS said on Wednesday.
The U.K.’s Serious Fraud Office launched the first criminal proceedings against 10 bankers for manipulating the Euribor on Friday.
Britain's' bad bank' said it had agreed to sell a 13 billion pound asset portfolio to affiliates of Cerberus Capital Management LP.
Morgan Stanley plans to offer savings accounts and certificates of deposits next year to wring more profit from its wealth management clients.
U.S. prosecutors unveiled criminal charges against three men, including the largest ever theft of customer data from a U.S. financial institution.
Bond giant Pimco and its Total Return Fund took in more than $6 billion in fees between 2010 and 2013, and a billion last year.
A consensus is forming at the ECB to take the interest rate it charges banks to park money deeper into negative territory in December, Reuters reports.
Year-end compensation for workers in the financial industry will fall up to 10 percent.
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.
Gina Sanchez, CEO, Chantico Global, LLC, and Richard Ross, Managing Director, Head of Technical Analysis, Evercore ISI, discuss today's surge for financials on the heels of a strong jobs number.
Why's this Austrian bank back in the black? Andreas Treichl, CEO of Erste Group, says it's because Central and Eastern Europe is growing better than most of the rest of the continent.
The "Halftime Report" traders give their trades as the second half of the day begins.
AIG CEO Peter Hancock said Carl Icahn's call for the insurer to split up would be a distraction and increase the company's capital requirements.
October brought an 8.4 percent rally in the S&P. Yet some major money managers may have struggled to even come close to those levels.
Top US banks like Citigroup, Bank of America, Goldman Sachs and JPMorgan Chase, may see their credit ratings cut by S&P - here's why.
Themis Themistocleous, CIO for EMEA at UBS Wealth Management, says results from financials have been disappointing, as many had expected regulatory headwinds and fines to wind down.
The Federal Reserve proposed Friday to require large banks to add another buffer, designed to reduce the "too big to fail" perception.
Analysts and economists remain unconvinced that banks are truly out of the woods and point to tight regulations.
Dan Cobley, CEO of Brightbridge Ventures and ex-managing director of Google U.K., explains how his current fintech venture, Salary Finance, is taking on the banks.
Barclays was hit by a $108.5 million fine on Thursday as it allegedly worked with super-rich clients in a way that could have facilitated financial crime.
A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.