Switzerland opened a probe of RBS related to alleged corruption at Malaysian state investment fund 1MDB, sources said. The Financial Times reports. » Read More
Market fears are being scaled back globally, and it's great news for banks in the U.S. and abroad.
European equities finished the last trading day of the month sharply lower, as a raft of disappointing earnings dragged stocks deep into the red.
The ECB's surprise stimulus came at a crucial time for European banks. But now they have to make the most of it.
Big banks have been making cuts after 2015 showed the strongest post-crisis rebound for Wall Street jobs.
MasterCard sales staff will begin using artificial intelligence (AI) systems to advise them on putting together deals with potential clients.
Investors shouldn't get starry-eyed about European lenders bearing dividends.
European markets finished sharply higher on Friday, buoyed by a rally in mining stocks and oil prices, on top of a positive set of company updates.
State-backed bank reports its eighth straight full-year loss of 1.97 billion pounds ($2.75 billion).
Former hedge fund manager Raoul Pal predicts several big European banks could be on the verge of bankruptcy.
European markets eked out gains Wednesday as investors tried to shake off oil's fluctuations and disappointing earnings.
RBS said it would take a surprise 3.58 billion hit to its fourth-quarter profits after setting aside more cash to cover litigation costs.
Barclays will cut about 230 jobs and exit cash equities in Asia, as part of a broader retrenchment, the FT reports.
As the face of China's securities regulator, Xiao Gang is taking the brunt of blame for the country's botched circuit breaker.
European equities finished lower on Wednesday as investors fretted over renewed weakness in global commodity markets.
Dec 21- A bond trader pleaded guilty on Monday to conspiring to defraud Royal Bank of Scotland Group Plc customers by misrepresenting the prices of bond transactions he and others handled for them in an effort to boost the bank's profit. Adam Siegel, 37, pleaded guilty in federal court in Hartford, Connecticut, for participating in a multimillion-dollar...
European equities closed mixed on Tuesday, despite figures on EU unemployment showing the region taking a step in the right direction.
Royal Bank of Scotland and Standard Chartered, the U.K.-based banks, scraped through the country's bank stress tests.
A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.
Some of the names on the move ahead of the open.
U.S. stock futures were higher this morning, despite European equities being under pressure on security concerns after Friday's attacks in Paris.