European stocks closed lower on Wednesday, with investors responding to talks between the U.S. and Russia on Ukraine.» Read More
WASHINGTON, Dec 11- Royal Bank of Scotland Group Plc will pay $100 million to resolve U.S. probes into the bank's dealings with Sudan, Iran, and other sanctioned countries, U.S. authorities said on Wednesday.
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.
WASHINGTON, Dec 11- Royal Bank of Scotland Group Plc will pay $100 million to resolve U.S. probes into whether the bank violated U.S. sanctions against Iran, Sudan, Myanmar and Cuba, U.S. authorities said on Wednesday.
India's November exports rose 5.86 percent from a year earlier, while imports fell 16.37 percent, the country's trade ministry said on Wednesday.
Bob Diamond is making a dramatic return to banking, launching a vehicle with Africa's youngest billionaire. The Financial Times reports.
Goldman Sachs may be one of the last firms standing as a rocky romance between Wall Street and raw material markets turns sour.
NEW YORK/ LONDON, Dec 6- Just over three decades ago, Goldman Sachs bought a niche coffee-and-gold trading firm called J. Aron& Company, becoming one of the first banks to enter the commodity markets. On Thursday, Deutsche Bank, one of the five biggest players of the past decade, said it would quit commodities trading under regulatory pressure, cutting 200 jobs.
Deutsche Bank pulled the plug on its global commodities trading business, cutting 200 jobs as it becomes the first major bank to exit the sector.
SINGAPORE, Dec 5- Bank statements for almost 650 of Standard Chartered Plc's private banking clients have been found on the laptop of an alleged website hacker in Singapore, the police and the British lender said on Thursday.
Indian shares outperformed on Thursday while the rest of region declined on uncertainty over when the Federal Reserve may taper its stimulus program.
LONDON, Dec 5- European shares looked to be stabilising after three days of sustained selling on Thursday, as focus turned to the European Central Bank's monthly meeting for any sign it is readying further support measures.
*China Mobile outshines rivals after reported Apple iPhone deal. HONG KONG, Dec 5- China shares slipped from multi-week highs early on Thursday led by telecom equipment maker ZTE Corp as investors took profits after Beijing issued long-awaited 4 G licenses to China's three biggest mobile operators.
European equities closed lower after U.S. jobs data increased concerns that the Federal Reserve would "taper" its bond-buying program soon.
*Standard Chartered falls as it warns on profits. Standard Chartered was a stand out faller, dropping 6.3 percent in heavy volume as it warned that profit would probably drop this year after Asian growth slowed over the past five months. "We prefer HSBC for its more diversified earnings stream and higher dividend yield."
*J.C. Penney jumps after November sales. NEW YORK, Dec 4- U.S. stock index futures were little changed on Wednesday, ahead of a flurry of economic data, including a report on the labor market. "Markets are holding steady ahead of major economic data today, there's a lot of it," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.
*J.C. Penney jumps after November sales. NEW YORK, Dec 4- U.S. stock index futures were little changed on Wednesday, ahead of a flurry of economic data, including a report on the labor market. *Investors will eye the November employment report from Automatic Data Processing at 8:15 a.m. EST for clues on hiring ahead of Friday's key payrolls report.
LONDON, Dec 4- European shares inched down on Wednesday, steadying after the previous session's steep losses, with Asia- focused bank Standard Chartered leading the decliners after it warned its profits will likely fall.
LONDON, Dec 4- Standard Chartered warned that 10 years of record earnings are likely to end this year, with profit set to fall because of losses in Korea, a slowdown in its key Asian markets and tougher regulations.
LONDON, Dec 4- European shares traded flat on Wednesday, steadying after the previous session's steep losses, with Asia- focused bank Standard Chartered the leading decliner after it warned its profits were likely to fall.
Asia-focused bank Standard Chartered said its income this year is likely to be similar to 2012, after a slowdown in Asian growth.