BNP Paribas was warned in 2006 by a high-ranking U.S. Treasury official and in three reports by legal experts that it risked being penalised for breaking U.S. sanctions, according to Le Monde newspaper.
Charity ride over 300 miles starting in Yorkshire; Fundraising target of £300,000 in support of DB’s Charities of the Year;
Banks across the EU have been put on notice that regulators are preparing fresh guidelines to ensure they do not breach a cap on bonuses.
The debate about house prices is reignited on Mondayamid claims by Britain's biggest property website that prices for homes have come "off the boil".
ABN Amro Bank has withdrawn from carbon trading, becoming the latest bank to exit the market after prices slumped.
Commerzbank is moving its mergers and acquisitions operations from the U.K. to focus on German clients, according to three people with knowledge of the matter.
Sumitomo Mitsui Financial Group’s trust banking arm plans to almost double employees in the next three years to 300 to expand services for wealthy individuals in Japan.
The departures are important for the firm as they represent the exit of two leaders from one of the bank's most highly functioning units.
US regulators have got their man. Georges Chodron de Courcel, long-serving chief operating officer of BNP Paribas, is off, ahead of the French bank's settlement over alleged sanctions breaches, which is rumoured to amount to $10bn.
Nomura has announced a series of moves to drive further growth across its Wealth Management business in Asia including Japan.
Deutsche Bank is cutting 75 jobs from its fixed income division, split between London and New York.
Bank of America’s Bruce Thompson, who stepped down as CFO last year, will stick with the company in a role dealing with the bank’s biggest corporate clients.
Is Wall Street research the next frontier for ETFs?