Tthe firm is said to be already in discussions with the German financial regulator BaFin about getting the necessary approvals'.
The Royal Bank of Scotland has noted the announcement made by the Bank of England regarding the results of its 2016 stress test.
Hedgies invested in Fannie Mae and Freddie Mac unwrapped an early $12bn Christmas present from President-elect Donald Trump on Wednesday.
Royal Bank of Scotland will probably deepen cuts at its investment bank and its Irish business to boost capital after flunking Bank of England stress tests, according to analysts.
Deutsche Bank says it will overhaul its U.S. headquarters at 60 Wall St. in lower Manhattan, with plans to knock out walls and open up space on the skyscraper’s middle floors.
Credit Suisse has frozen dozens of accounts as it tries to determine if U.S. clients are hiding money from the Internal Revenue Service after the firm pledged to come clean about secret assets, according to a person familiar with the matter.
Gilles Graham, a former Citigroup chairman for financial institutions in Europe, the Middle East and Africa, is suing the bank for age discrimination in a London employment tribunal, according to a person familiar with the lawsuit.
The former Goldman Sachs executives would bring more than 40 years of investment banking experience to Donald Trump's Cabinet.
Billionaire Steven A. Cohen's former hedge fund SAC Capital Advisors will pay $135m to settle a lawsuit by investors in the drugmaker Elan Corp, who said they lost money because of insider trading by one of his portfolio managers.
Wells Fargo’s most senior executives decided early this year to remove retail-banking chief Carrie Tolstedt from her post, months before she announced plans to retire and her division became the epicenter of a national scandal.
Wells Fargo faces a new U.S. lawsuit claiming that it funneled more than $3bn of employee retirement savings into expensive, underperforming proprietary mutual funds to enrich itself.
The chairman of Nordea Bank said there’s little chance he’ll resume talks to merge with ABN Amro, and signaled no interest in buying shares in the bank from the Dutch government.
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Safe-haven bonds are hitting serious tailwids, Nuveen's Bob Doll explained to CNBC's "On the Money."
Citigroup said this week that it appointed Fabio Fontainha as head of consumer banking for the Association of Southeast Asian Nations (ASEAN) region, effective December 1.
Here's 5 things our Highly Placed professional likes about working in Paris - and 5 things he misses about London.
Barclays' General Counsel Bob Hoyt improperly used a copy of an interview given by Richard Boath in a criminal investigation to fire the executive, Boath’s lawyer told a London employment tribunal Friday.
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And the very next day, my boss got fired.
There are 61 hedge fund managers, worth £75m or more, in the list of Britain’s richest 1,000 people to be published on Sunday.
Industrial production fell sharply and unexpectedly in October, dealing a blow to hopes that the UK economy will end 2016 on a high.
Ikea has pledged to invest €1bn (£850m) in recycling companies and forests after netting €5.2bn from the sale of its product development and supply chain business.
Tata Steel and trade union leaders have agreed a deal to save 8,000 jobs in the steel industry and the Port Talbot steelworks in south Wales.