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.» Read More
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.
Some of the names on the move ahead of the open.
Some of the world's biggest banks have been hit with a 1.71 billion euros ($2.3 billion) fine for interest rate-rigging by traders.
RBS said its customers reported that the bank's online and debit card payments failed Monday evening.
The issuance of junk bonds, otherwise known as speculative-grade debt, has surged a "phenomenal" 98 percent in the last year, according to S&P Capital IQ.
Chinese state-backed investors are eying a stake in a U.K. bank, and have hired lawyers in London to examine their options, sources told CNBC.
Despite inflation in Japan hitting a five-year high in October, it takes more monetary stimulus for inflation to hit the levels the BOJ wants to see.
Scotland’s campaign to break ties with the rest of the U.K. kicks off in earnest this week – but the economic implications are fiercely debated.
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.