HSBC conducted its own investigation three years ago into a $3.5 billion currency trade that US prosecutors now believe was criminally fraudulent. » Read More
With the U.K. set to leave the EU in the next few years, some businesses may wish to move elsewhere. But can they bet on a warm welcome?
European equities posted strong gains by Wednesday's close, as a rally in technology stocks and a slew of positive earnings helped boost sentiment.
Senior U.S. Department of Justice officials overruled internal recommendations to prosecute HSBC for money-laundering violations because of concerns about the stability of the financial system, according to a congressional report.
European stocks posted solid gains by Thursday's close, as investors shook off the renewed declines in oil.
S&P carried out a mass-cull of UK bank rating outlooks in the wake of the country's vote to end its membership of the EU.
European stocks finished trade sharply lower on Wednesday amid continued political and economic uncertainty in the EU following Brexit.
The Bank of England announced a new measure on Tuesday to soften the financial fallout from the U.K.'s vote to leave the European Union last month.
European markets ended lower on Monday, as concerns about the U.K.'s Brexit vote returned to weigh on investor sentiment.
Thirty U.S. banks pass regulatory exams; objections to European banks' U.S. units could be viewed as "serious" by investors.
Europe soared Wednesday as markets realized that any change to the status quo in the EU after Brexit is unlikely to change in the short-term.
The agency changed its outlook on eight of 12 UK-based firms from stable to negative.
CNBC's Seema Mody reports that rating agency Moody's has changed their outlooks on 12 UK banks following the Brexit decision.
European stocks closed sharply higher Tuesday, following continued volatility on global markets as a result of the U.K. vote to leave the EU.
London's position as the world's premiere financial center is bound to change in the wake of a Brexit. Dublin could step in.
Asian markets closed higher on Monday, shrugging off Friday's global selloff sparked by the UK's unexpected vote to leave the EU.
Bank stocks plummeted to the bottom of indexes across Europe on Friday after the U.K. voted to quit the European Union and stunned global markets.
Asian stocks cratered, gold prices surged and the dollar briefly plunged below 100 against the yen on Friday as the Brexit vote rocked markets.
European equities closed higher on Wednesday, as investors prepared for the following day when the U.K. votes in its referendum on the EU.
A number of US companies are exposed to risks from a Brexit — for a variety of reasons. Here’s a breakdown.
Recent episodes of religious violence in Bangladesh may represent a deepening political crisis in the world's eighth-most populous nation.