NYC's district attorney has secured a windfall of $808 million from penalties against three big banks accused of violating U.S. sanctions.» Read More
Central bankers gathered for a three-day meeting in Wyoming that will feature a potentially market-rattling speech by Fed Chair Janet Yellen.
Standard Chartered's Hong Kong and UAE businesses both had a "significant amount of the potentially high-risk transactions."
China's economy showed signs of softening, suggesting more policy support may be needed to keep growth on track as a property downturn worsens.
Standard Chartered will soon begin sifting through a mountain of data for signs of possible money laundering or other criminal activity.
News of U.S. authorized air strikes in Iraq on Friday reaffirmed that geopolitical tensions will remain an overhang for markets for some time.
The yen came under pressure from Japan's plans to increase its pension allocation to the domestic stock market.
Asian equities ended mostly lower on Thursday ahead of a raft of global central bank meetings.
European shares closed lower on Wednesday, with investors reacting to disappointing data and escalating tensions between Russia and Ukraine.
Standard Chartered is facing another substantial fine from U.S. regulators as it announced its first-half profits fell by 20 percent.
China's bond market is booming with record issuance and strong demand, but it has been a speculative play dominated by Chinese issuers and investors.
The Reserve Bank of Australia on Tuesday left interest rates steady at a record low of 2.5 percent for the 12th month, as expected.
The $6.6 billion bailout of Portugal’s largest bank poses a warning on exposure to “fragile” emerging markets, analysts have cautioned.
Lawsuits over an estimated $900 million exposure to a suspected metal financing fraud in China are hindering a recovery in metal trade.
The dollar hovered around 10-month highs ahead of U.S. jobs data on Friday.
As markets see rising volatility amid uncertainty over the timing of the Fed's rate hike, strategists advise investors to keep calm and carry on.
The ties between Britain’s banks and its economy have always been close, but they seem to have become even tighter in the post-banking bailout era.
Standard Chartered has called a halt to its grand expansion as it seeks to conserve capital amid the worst drop in profits for more than 12 years.
China shares may be seeing a flood of bullish calls after years of underperformance, but some analysts remain solidly pessimistic on the market.
China's debt has soared to two and half times its economy from 147 percent at the end of 2008, Standard Chartered estimates.
A proposed merger in Malaysia will create the first Islamic bank that will have enough clout to challenge conventional, often Western, banks.