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.» Read More
Almost five years ago, a friend of Kweku Adoboli sent him an email about Jérôme Kerviel, the rogue trader who had just lost 4.9 billion euros at French bank Société Générale, the Financial Times reports.
Cyber warfare has arrived, but has yet to reach its full potential. What would a real digital war look like? Like the most terrifying sci-fi movie you've ever seen.
The fighting between Israel and Hamas in Gaza is likely to have only a limited impact on Israel's economy if it ends quickly, Bank of Israel governor Stanley Fischer told CNBC’s "Closing Bell" on Tuesday.
Paul Gambles, Managing Partner, MBMG International talks about Greece and its debt sustainability issue amid ongoing Eurogroup discussions over the next tranche of aid for the country.
Market sentiment and economic factors are moving against key Eastern European currencies, this strategist says.
European equities edged higher on Tuesday, building on the previous session's strong gains and bolstered by expectations that euro zone finance ministers will approve the next tranche of bailout cash for Greece.
CNBC's Michelle Caruso-Cabrera reports on Europe's market-moving activities, as Moody's downgrades France's credit rating, and Credit Suisse plans to restructure its investment banking division.
Expect a risk rally over the next few days, but next week could be another story. Here's how to trade the shifting winds.
As Greece redoubles its efforts to raise billions to cut its debt and stoke its economy, the move toward privatizing assets faces daunting hurdles, the New York Times reports.
A new report suggests that five years of gloomy headlines and negative sentiment have combined to create a collective “state of shock” among investors.
The Bank of Japan stands pat and the Greek drama plays on — it's time for your FX Fix.
The global economy will be stuck in a “twilight zone” of sluggish growth in 2013, Morgan Stanley has warned.
CNBC's Silvia Wadhwa has the update on whether the euro zone is ready to give Greece approval for more funding.
By most measures, the personal finances of Anne Zimmerman, a small-business owner in Cincinnati, have little in common with those of Oracle’s chief executive, Lawrence J. Ellison. The NYT reports.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks drift lower after Moody's stripped France of its AAA-rating.
The contest to fill Silvio Berlusconi’s shoes and lead Italy’s centre right into elections next year has opened with about a dozen candidates stepping forward, including Benito Mussolini’s grand-daughter. The FT reports.
It is a once in a generation moment. For the first time in more than 50 years UK pension funds are holding more bonds than equities. The FT reports.
Spain plans to offer residency permits to foreigners who buy houses priced at more than 160,000 euros ($203,845) as part of its efforts to revive a collapsed real estate market and divest itself of hundreds of thousands of unsold homes.
Ratings agency Moody's Investors Service stripped France of its prized triple-A credit rating on Tuesday, triggering worries the move could heighten the risk of a downgrade for other top-rated nations, including the United States and the single currency bloc’s largest economy Germany.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
James King, the founder and chairman of Find Invest Grow (FIG), explains why it is easier to find entrepreneurs among students in U.S. universities than U.K. ones.
Kevin Gardiner, chief investment officer for Europe at Barclays Wealth and Investment Management, says economic data from the U.S. is still not strong enough to lead the Federal Reserve to start tapering its asset purchases this year rather than next.
Thursday's Autumn Budget in the U.K. suggests fiscal austerity is dragging less on the economy than previously, says Melanie Baker, an economist with Morgan Stanley.