Barclays has warned that it could rein in lending to households and businesses due to a new demand by the Bank of England that could force it to hold billions more pounds of capital.
Angela Merkel has expressed "contempt" for the disgraced Anglo Irish Bank executives caught on tape mocking Germany's involvement in the institution's €30bn (£25.7bn) bailout.
As he departs, Sir Mervyn King cannot be allowed to get away with a myth he has been promoting for years – the notion that the Bank of England was somehow a lone voice of sanity in the pre-crisis years and that its warnings of impending disaster for the banking system fell on deaf ears.
Are you a very well motivated genius, or an insecure overachiever ?
Not usually a good idea.
Some people take the team on a retreat to mini-golf but if you're LinkedIn, you build the mini-golf course IN the office.
UBS, which has made deep cuts in its investment banking arm, is expanding in commodity trade finance by hiring 10 bankers in Geneva since the start of the year, a director said on Thursday.
For many entrepreneurs, expansion into new markets or products is fueled by a gut decision. No mistake could be greater.
Germany's banking system is one of the worst in the world, according to Paul Gambles, managing partner at advisory firm MBMG International, who told CNBC that Deutsche Bank is over-leveraged and is an accident waiting to happen.
It would look awfully strange if the U.S. government wound up targeting only foreign banks as part of its investigation into the manipulation of the London interbank offered rate.
A former Swiss banker who pleaded guilty to aiding Americans hide money from U.S. tax authorities was sentenced to five years probation and fined $150,000 in a West Palm Beach federal court on Monday, his lawyer said.
New York's banking regulator has questioned dozens of traders and executives at Credit Suisse, Barclays, Deutsche Bank and other banks about whether their electronic foreign exchange trading platforms were rigged, according to a person familiar with the matter.
The U.S. Supreme Court let stand a major insider-trading ruling that threatens at least 10 convictions and creates what the Obama administration calls a road map for securities fraud.