A senior Royal Bank of Scotland executive has appeared in court in Moscow to face charges of defrauding investors of £6m in an elaborate finance scam.
KPMG plans to take legal action against former partner Scott London, who has been accused of passing on inside information about clients to a golfing partner in exchange for cash, a Rolex watch, dinners and tickets to shows.
A London appeals court refused to block Highland Capital Management LP’s Texas fraud lawsuit against Royal Bank of Scotland over a collapsed debt deal.
Just 30 out of 227,000 people have failed the City regulator's "fit and proper" test to take on some of the most risky jobs in British banks since the onset of the financial crisis.
America's budget wrangling is holding back recovery in the world's largest economy, according to a leaked draft of forecasts from the International Monetary Fund that coincided with data showing a dip in consumer confidence and weaker spending in the nation's shopping malls.
At least he said sorry.
JPMorgan Chase’s corporate and investment bank cut employee compensation costs 7% to $3.38bn in the first quarter as the division generated 9% more revenue.
CIBC has announced that it has entered into a definitive agreement to acquire Atlantic Trust Private Wealth Management from its parent company, Invesco.
Slowest Start for Energy & Power M&A Since 2005
Wells Fargo reported a 23 percent jump in first-quarter profit on Friday as the bank set aside less money to cover bad loans and it held down costs.
Standard Chartered will keep its headquarters in the UK, new chief executive Bill Winters said, as he praised the bank tax changes in last month's emergency Budget.
A former Wells Fargo compliance officer accused of altering a document sought by U.S. securities regulators for an insider trading investigation won the dismissal of her case Wednesday after a judge ruled against sanctioning her.