European equities opened slightly higher on Tuesday as pressure mounts on Greece to come up with a viable debt plan.» Read More
U.K. companies' legal liabilities soared 12 percent in 2013, driven by the hefty fines slapped on banks, new analysis shows.
The European Commission has outlined plans to crack down on banks' risky trading activities in an effort to put an end to lenders deemed "too big to fail."
European equities closed the session in positive territory after consumer data and earnings in the U.S. helped to boost sentiment in afternoon trade.
January lived up to its reputation as being the leanest month Tuesday as several of London's major financial institutions announced swinging cutbacks.
RBS is taking billions of pounds in extra charges to cover the cost of past misdeeds, sending it deep into the red.
ABN Amro broke most banking stereotypes when its chairman dressed up in drag and masqueraded as a brothel owner at a corporate event.
Wall Street could pay nearly $50 billion to buy peace from federal authorities, according to interviews and a confidential analysis, the NYT reports.
A knight or damehood might seem like a quaintly medieval way of rewarding a career in business - but the system has proved controversial.
China’s money market rates hit their highest level on Thursday since a cash crunch in June that sent jitters through global markets.
The first sale of state-owned shares in Lloyds Banking Group resulted in a £230 million loss for taxpayers. The FT reports.
Royal Bank of Scotland will pay $100 million to resolve U.S. probes into whether the bank violated U.S. sanctions laws against Iran, Sudan, Burma and Cuba.
European equities closed lower on Wednesday after a U.S. budget deal added to expectations the Fed will scale back stimulus soon.
Royal Bank of Scotland said its finance director, Nathan Bostock, had resigned to join Spanish bank Santander after just 10 weeks in the job.
It's time for bond traders to place their bets on whether the Fed is ready to begin tapering its bond buying program.
Having gone bust more than a year ago, Peacocks is really living up to its name. The failed fashion chain is preening for all it's worth.
The mooted spin-off of HSBC's U.K. retail banking arm could be one of a number of U.K. bank fundraisings next year.
There is a very powerful growth impulse coming from China's export sector that could boost its economy over the coming quarters, say economists.
HSBC has sounded out investors about a flotation of its U.K. arm, in a move that would realize value from its high street banking business.
Two court cases in Colorado say employers can fire workers for using medicinal marijuana off the job, but it could take years to settle the law.
Deutsche Bank is committing about $2.3 billion to prove it's sorry that some of its employees rigged interest rates.