Banks are weighing some of the deepest revamps since the financial crisis.
A former Royal Bank of Scotland foreign-exchange trader dismissed amid an internal probe into currency manipulation has joined a growing list of traders suing their employers.
All you need to know.
A third large state pension fund is lining up against Bank of America boss Brian Moynihan, The New York Post has learned.
Royal Bank of Scotland has agreed to pay £84.4m ($129.4m) to resolve claims by a U.S. regulator that it sold toxic mortgage-backed securities to now-failed credit unions, according to a court filing on Tuesday.
Canadian Imperial Bank of Commerce has made two key executive changes within its wholesale banking business as Canada's fifth biggest bank further consolidates under Chief Executive Victor Dodig.
Shares in CITIC Securities, China's biggest brokerage, fell on Wednesday after the company said some senior managers are under police investigation as part of a probe by Beijing into possible market manipulation linked to the slump in its stock markets.
Royal Bank of Scotland, Britain’s largest taxpayer-owned bank, is unlikely to pay a dividend before it can show regulators two years of profit, Berenberg said.
U.S. ratings agency Standard & Poor's downgraded Wednesday its credit rating for Japan from AA- to A+, but has revised its outlook for the world's third-largest economy from negative to stable.
Anheuser-Busch InBev, the owner of Budweiser and Stella Artois, has approached rival SABMiller about a takeover that could create one of the world’s biggest companies.
Bank of America Merrill Lynch (BofA) has emailed its employees to encourage them to register to vote in Britain's referendum on whether to stay in the EU, sources at the bank told Reuters on Thursday.
Deutsche Bank and Credit Suisse may have to raise more capital because of the need to resolve U.S. claims over the sale of mortgage-backed securities before the financial crisis, Barclays said as it downgraded the two banks.
Worldwide M&A activity totals $1.36 trillion, down 20% compared to YTD 2015