China's securities market regulator said it would investigate suspected market manipulation after a slump of around 20 percent in Chinese stocks since mid-June.
Trader hid mounting trading losses for at least five years before they were revealed.
'I thought it was a crab bite at first'
John Cryan and Tidjane Thiam, in their first day as CEOs of two of Europe’s largest banks, signalled they will remodel their firms as investors press them to eliminate businesses and boost profit.
Deutsche Bank's incoming co-Chief Executive John Cryan on Wednesday postponed a detailed presentation of the lender's new strategy until the end of October but said he remains committed to trimming operations.
Any US involvement announced deals for the first half of 2015 by Thomson Reuters.
Commerzbank sold $3.2bn of commercial real estate loans to Oaktree Capital and JPMorgan, making headway with its plan to reduce riskier assets.
Any EMEA involvement announced deals for the first half of 2015 by Thomson Reuters.
Any UK involvement announced deals for the first half of 2015 by Thomson Reuters.
The Securities and Exchange Commission has charged Deloitte & Touche LLP with violating auditor independence rules when its consulting affiliate maintained a business relationship with a trustee serving on the boards and audit committees of three funds it audited. Deloitte agreed to pay more than $1m to settle the charges.
Bank of America’s decision to fight government allegations that it defrauded Fannie Mae and Freddie Mac paid off as a federal appeals court threw out a judgment of almost $1.3bn against the bank.
Singapore's regulators have shut down a private bank implicated in investigations of Malaysia's troubled development fund 1MDB, with prosecutors in the city-state and Switzerland weighing criminal charges.
Goldman Sachs merely had a walk-on role in the great BHS sale giveaway, but Sir Philip Green should have listened more closely to Anthony Gutman, his old mucker from the investment bank.