From Franklin Templeton Investments to BNP Paribas, global financial firms that once pushed to expand in Russia are pulling out as prolonged sanctions deepen the country’s first recession since 2009.
In search of scandal and the high life, things didn't quite work out the way this intern planned.
The International Monetary Fund has warned the eurozone faces a gloomy economic outlook thanks to lingering worries over Greece, high unemployment and a banking sector still battling to shake off the financial crisis.
Israel's Teva Pharmaceutical will buy Allergan's generic pharmaceuticals business for $40.5 billion.
Ryanair is seeking to crush flight price comparison websites such as Expedia and Opodo, claiming they “make no sense” and “shouldn’t exist”.
German banking regulator Bafin cleared former Deutsche Bank co-CEO Anshu Jain of misleading the Bundesbank about his knowledge of the company’s role in attempts to manipulate benchmark interest rates.
A German prosecutor is set to charge eight Deutsche Bank employees following an investigation into tax fraud linked to trading of carbon certificates, Der Spiegel magazine reported on Saturday, without disclosing any sources.
The U.K. government’s sale of Royal Bank of Scotland shares may be delayed until at least the end of the year because of increasing misconduct charges, Citigroup said.
The Bank of England's interest rate decision may be about to get interesting again, after years of predictability.
The latest snapshot of economic growth this week will heat up the debate about when the Bank of England will raise UK interest rates for the first time since the depths of financial crisis.