'It is looking more like a possible option'.
JPMorgan’s $13bn fraud settlement with the U.S. can’t be blocked by a watchdog group because it couldn’t prove it was harmed by the deal.
Credit Suisse CEO Brady Dougan’s compensation fell in 2014 as the bank paid a record fine for helping Americans evade taxes.
Within days of the announcement of raised charges on banks in the U.K., talk of at least one London-based bank relocating elsewhere has emerged.
Labor says Australia's NSW Premier Mike Baird needs to say whether his office offered any 'inducements' to investment bank UBS before the firm allegedly watered down a potentially damaging report on his electricity privatisation plans.
Morgan Stanley won more than 90 prime-broking mandates from hedge funds in Asia last year when rivals slowed expansion under tighter bank capital and liquidity rules.
TSB has agreed a £1.7bn takeover by Spain’s Banco de Sabadell, with Lloyds Banking Group selling its 50% stake in the UK bank.
Bank Of New York Mellon reached a settlement over fraudulent foreign exchange practices, agreeing to pay $714 million to resolve the cases.
A former City trader was sentenced to 19 months in prison on Thursday for his part in an insider trading scam involving multiple mobile phones, clandestine meetings in City pubs and payment for a luxury car and holiday.
Lord Green, the man who headed HSBC during the period when its Swiss bank helped wealthy customers dodge millions in tax, said he was “plainly not” asleep at the wheel in fresh extracts from his first public comments since the scandal broke.
Citigroup and Bank of America offer significant value and could double in value over the next two years, Dick Bove told CNBC on Thursday.
Bank of America Merrill Lynch said Burri Rao-Kathi, its head of Americas equity-linked capital markets, has decided to leave the company and named Shiv Vasisht in the role.
Continued fallout from energy loans and sliding banking revenue could have disparate impact at other big banks.