Deutsche Bank was sued for breach of contract by a former employee convicted in 2012 of derivatives fraud by an Italian court.
Italy has come under renewed pressure from the European Commission to take "decisive action" on economic reform or face fines.
Japanese government to discuss the idea of Bitcoin regulation in a drive to protect consumer interests.
Autumn Radtke, the CEO of an upstart bitcoin exchange, died last week under mysterious circumstances at her home in Singapore.
Barclays paid 481 staff more than £1m ($1.67m) last year, prompting criticism that pay is still too high and that banks have not changed their ways since the financial crisis.
Bank of England officials knew of concerns the foreign-exchange market was being manipulated as early as July 2006, more than seven years before regulators opened formal probes into alleged rate-rigging.
As parts of America are experiencing their worst winter in 30 years, the severe weather has taken its toll on the US’s economic recovery, the Federal Reserve said Wednesday.
Even as StanChart posted an 11 percent on-year decline in pre-tax profit for 2013, the bank's Asia CEO said it had still been a relatively good year.
Bailed-out Lloyds Banking Group and Barclays have handed their bosses almost £1m in shares to sidestep the new rules from Brussels which are intended to clampdown on bankers' pay.
For Singaporeans, news that they live in the world's most expensive city is not a surprise but how pricey Singapore is remains the subject of debate.
The fall from grace for China’s biggest brokerage and investment bank, Citic Securities, has been fast and steep.
Norwegian entrepreneur Alexander Vik showed up in London court Friday to fight a claim that he hid assets to avoid paying more than $250m in legal fees to Deutsche Bank, saying that he owes double that to his own father.
Activist investor Daniel Loeb has called for Dow Chemical to remove its chief executive Andrew Liveris, according to the Wall Street Journal (WSJ).