Another kick in the teeth.
HSBC has reached agreement with United States authorities in relation to investigations regarding inadequate compliance with anti-money laundering and sanctions laws.
U.S. state and federal authorities decided against indicting HSBC in a money-laundering case over concerns that criminal charges could jeopardize one of the world’s largest banks and ultimately destabilize the global financial system.
Standard Chartered has announced that it has reached final settlements with the Office of Foreign Assets Control ('OFAC'), the Federal Reserve Bank of New York, the Department of Justice and the New York County District Attorney’s Office regarding historical sanctions compliance and U.S. dollar payment practices primarily between 2001 and 2007.
Man Group has announced that Peter Clarke, Chief Executive, has advised the company of his intention to retire and to step down from the Board on 28 February 2013.
The Shift From East to West - Chinese Investment In North America (Infographic)
Google's web-based email service, Gmail, crashed on Monday afternoon with widespread outage reported around the world.
Google's Gmail briefly went down Monday and its Chrome browser repeatedly crashed, users reported.
Twitter confirmed Sunday that Instagram disabled its integration for Twitter, meaning previews of Instagram images are no longer visible via the social network.
The Securities and Exchange Commission has announced charges against eight former members of the boards of directors overseeing five Memphis, Tenn.-based mutual funds for violating their asset pricing responsibilities under the federal securities laws.
Imperial Capital Group, the brokerage and investment-banking firm, has hired Andrew Gold as a managing director to oversee sales and trading of emerging markets credit.
The Swiss National Bank (SNB) on Thursday urged the country's biggest banks, UBS and Credit Suisse, to improve their leverage ratios in order to better withstand a potential crisis.
Convicted inside trader Raj Rajaratnam wants his money back.