UBS Chairman Axel Weber tells CNBC that it’s very hard to imagine Europe and Japan reaching their inflation targets, adding that further easing won’t help those economies grow any faster.» Read More
Chinese brokers have seen a surge of new stock investors and a dramatic spike in turnover on soaring local bourses, in response to government policy measures.
Some of the names on the move ahead of the open.
Aspiring M&A bankers hoping to bank the bucks should angle for a job at Credit Suisse or Deutsche Bank, according to a salary benchmarking site.
Singapore's economy has managed slow-and-steady growth despite a mediocre global view, but high household debt may come back to haunt the city-state.
In the wake of a massive settlement, CFTC chief Timothy Massad tells CNBC areas of bank industry need increased oversight. Get the details.
For banks at the center of the recent foreign exchange investigation, paying the $3.4 billion in fines might be the easy part.
U.S. Treasurys gained on Wednesday morning, with longer-dated notes rising faster than shorter ones.
The inquiry into alleged manipulation of the currency market now takes in the world’s biggest banks, traders – and now the U.K’s central bank.
European shares closed lower on Wednesday, with investors shunning banking stocks after regulators announced penalties.
Wall Street looked set for a lower open to trade on Wednesday, ahead of a final burst of earnings for the third quarter.
These are the stocks posting the largest moves before the bell: BZH, YHOO, AOL, SEAS, AGN, WMT & more.
Financial regulators on both sides of the Atlantic imposed multibillion-dollar fines on five global banks for rigging key foreign exchange markets.
Regulators worked late to announce a multibillion-dollar settlement with five global banks to resolve charges of attempted currency manipulation.
Germany is home to Europe’s best-paid bank CEO, according to a ranking that shows little correlation between executive pay and shareholder returns.
Insight to the tax evasion trial where former top executive for Swiss bank UBS AG was acquitted, with the banker Raoul Weil's lawyer Aaron Marcu of Freshfields Bruckhaus.
CNBC's Eamon Javers reports a jury has acquitted a former top executive at Swiss bank UBS AG Raoul Weil on tax evasion charges.
HSBC confirmed it had set aside $378m for fines relating to suspected manipulation of foreign exchange markets, amid ongoing talks with U.K. regulators.
HSBC is expected to set aside about $640 million to cover the cost of an investigation into suspected manipulation of FX markets. The FT reports.
European stocks ended the day firmly in positive territory on Tuesday, as investors prepared for a key monetary policy decision from the U.S.
UBS posted forecast-beating net profits of $802 million but warned on litigation charges of $1.9 billion.