M&A any European involvement, announced deals.
The U.S. Department of Justice is pressing for Citigroup’s main banking subsidiary to plead guilty to a felony tied to the rigging of foreign-exchange markets, according to two people briefed on the matter.
Commerzbank and government lawyers gained federal court approval of a $1.45bn agreement to defer prosecuting the lender for violating U.S. laws, including sanctions on doing business with Iran and Sudan.
Argentina has suspended the head of Citibank's local subsidiary after the bank said it would stop processing payments on Argentine bonds caught up in a messy US court battle.
The World Economic Forum has named its "Young Global Leaders" - including many financial types - and expect them to be forces for global good.
Inside a lobby at Google’s headquarters in Mountain View, California, beside a rank of 1990s arcade machines, a laminated sign asks people to “Please Be Googley”.
Mizuho Financial Group plans to hire as many as 200 people from Royal Bank of Scotland in the U.S. as part of its deal to buy loans from the lender, a person with knowledge of the matter said.
Former UBS executive Hansruedi Schumacher pleaded guilty to conspiracy to defraud the U.S. as part of the government’s prosecution of financial industry officials who help Americans dodge taxes.
Britain’s Financial Conduct Authority dropped an investigation of Delphine Lyttleton, wife of former BlackRock fund manager Mark Lyttleton, two years after the pair were arrested as part of an insider-trading probe, said a person with knowledge of the situation.
Macquarie Group CEO Nicholas Moore’s reshaping of the investment bank is winning plaudits from analysts who say the overhaul will lead to more predictable profits.
Risks to the world economy remain to the downside and include sharply weaker global growth and a sudden change to expectations regarding the U.S. Federal Reserve's interest rate path, Societe Generale warned on Tuesday.
The former chief executive of Zurich Insurance has killed himself, the company said, less than three years after its chief financial officer killed himself.