A former middle manager at Citigroup's Banamex unit in Mexico denied he was involved in abetting a corporate loan fraud involving oil pipeline maintenance company Oceanografia.
HSBC, Deutsche Bank and the Bank of Nova Scotia have been accused of attempting to rig the price of silver in the latest price fixing scandal to rock the banking industry.
Lloyds Banking Group has agreed to pay fines totalling $370m to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a government lending scheme.
The sentencing of five former aides to Bernard Madoff was delayed until mid-September after a federal judge in New York said 'voluminous' paperwork required a postponement of hearings originally scheduled for for later this week.
Karl Albrecht, who has died aged 94, was the co-founder with his younger brother Theo of Aldi, one of the world's most successful retail discount chains.
Barclays Wealth has suffered more senior departures, further indicating that the UK bank is struggling to retain key employees following a strategic overhaul of the business.
Bruce Van Saun, the former finance director of Royal Bank of Scotland, stands to make more than $12m if the company’s US operation, Citizens Bank, is sold before its planned flotation.
The Securities and Exchange Commission has charged a Citigroup business unit operating an alternative trading system (ATS) with failing to protect the confidential trading data of its subscribers.
It is 8am on a warm morning. Waterloo station in London is the city's busiest bicycle hire dock, and this is its busiest time of day.
Lloyds Banking Group is close to reaching a settlement with regulators over how much it should pay out for its role in the Libor-rigging scandal, the bailed-out bank has confirmed for the first time.
A top level restructure at one of the Big Four accountancy firms will see close to 50 partners shown the door.
The Singapore Exchange is in preliminary talks to buy London's iconic Baltic Exchange as the city-state seeks to expand and bolster its traditional influence in the shipping and commodities business amid increasing competition from Shanghai.
Bank of England boss Mark Carney has accused the G20 of failing to adopt measures to boost global growth as he defended central banks and their power to play a role in stimulating economic growth following attacks from critics who say they have run out of ammunition.