Europe closed mostly higher on Thursday as investors reacted to more earnings news as well as the Fed's latest rate decision.» Read More
Cheer has returned to London’s initial public offering (IPO) market, but investors may want to watch out for froth as they crack open the champagne.
British lender Royal Bank of Scotland has been accused by a government advisor of pushing struggling small firms into its turnaround unit.
Banks such as Barclays, Citigroup and Royal Bank of Scotland have banned traders from using group chat rooms, the Financial Times reports.
Minutes from the Federal Reserve's October meeting could help determine the course of interest rates for the rest of the year.
Poland’s prime minister has fired the man in charge of shepherding Poland through its sustained period of slowing growth.
Japan's exports rose a stronger-than-expected 18.6 percent in October from a year before, thanks to the weak yen and a pick-up in overseas demand.
Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.
A whiff of Fed 'taper talk' and a 10-year note auction Wednesday should keep the stock market focused on interest rates.
Amid Libor probes big banks are considering banning traders from online chat rooms seen by regulators as venues for collusion and market manipulation.
China's export growth rebounded in October after a tumble the month before, but economists say it's too early to call a turnaround in global demand.
India's move to encourage foreign banks to reposition as wholly-owned subsidiaries may find just a handful of takers, given the regulatory trade-off.
The SEC alleged that RBS misled investors in a financial crisis-era subprime mortgage product.
A number of finance firms face billions of euros in fines next month from European Union regulators for colluding on global benchmark interest rates.
HSBC reported third-quarter underlying profit before tax of $5.06 billion in the third quarter, a rise of ten percent year-on-year.
European shares closed lower on Friday as investors reacted to earnings news from the Royal Bank of Scotland and Renault.
Barclays has suspended six traders in connection with foreign exchange trading, sources with knowledge of the situation told CNBC.
The Royal Bank of Scotland has avoided being split in two and will instead hive off some $61 billion in toxic assets into an internal "bad" bank.
Fannie Mae sued nine banks accusing them of colluding to manipulate interest rates and seeking more than $800 million of damages.
Hammered by their role in the 2008 crisis and the rigging of the LIBOR, the global banking sector looks set to take another battering.
JP Morgan has put its chief currency dealer in London, Richard Usher, on leave, and Bloomberg reported Citigroup had done the same.