Britain's bank bosses have warned that cost cutting measures will have to be ramped up as stunted revenues and low interest rates continue to take their toll on the sector.
Hedge funds in Asia, which navigated turbulent markets to post gains in 2015, had nowhere to hide in January.
Morgan Stanley strategists see a "Bizzaro World" where nothing makes sense and it's getting tougher and tougher to make a buck.
ABN Amro Group reported a 32% drop in fourth-quarter profit, missing estimates, as lending income declined and regulatory costs rose after its comeback as a publicly traded company.
Warren Buffett lost a little ground in the eighth year of his $1 million 10-year wager that an inexpensive plain stock index fund will outperform high-fee hedge funds.
Royal Bank of Scotland enjoyed tax breaks and deferrals amounting to an estimated £1bn after financing the film distribution rights to a string of blockbusters including Troy, Batman Begins and two of the Harry Potter series.
America’s biggest banks present a “nuclear” threat to the US economy and should be broken up, a Federal Reserve policymaker and architect of the 2008 banking bailout said Tuesday.
Transferable skills ?
Don't even think about it!
If you had to pick the moment when European banking reached the point of no return, which would you choose?
Deutsche Bank is nearing an agreement with the U.S. Department of Justice to settle a long-running investigation into the sale of residential mortgage-backed securities, Manager Magazin reported.
A behind-the-scenes look at hedge fund Renaissance Technologies, whose network of affiliated people has given $37 million this election cycle.
In the wake of the $190 million Wells Fargo settlement over customer fraud charges, there's an increasing need for "individual culpability" for banking infractions, Federal Reserve Governor Daniel Tarullo told CNBC on Friday.