Credit Suisse's $2.6bn plea bargain resolving allegations it helped wealthy Americans avoid paying taxes was accepted by a federal judge, ending a three-year probe that helped upend Swiss bank secrecy.
Worldwide business confidence slumped to a five-year low, with company hiring and investment intentions at or near their weakest levels in the post-global financial crisis era, according to a new survey.
Deep in the Somerset countryside Mulberry is working hard to rekindle the popularity of a fashion brand whose allure has suffered in recent years, ever since it made a reckless leap upmarket.
Food producers have become cannon fodder in the bitter supermarket price war, according to accountancy firm Moore Stephens, which found 28% more specialist manufacturers have gone into insolvency this year than last.
French judges have put the Swiss branch of HSBC under official investigation over allegations that Britain’s biggest bank helped wealthy clients avoid taxes.
The City watchdog has hit financial firms with nearly £1.5bn of penalties so far this year – more than three times the record level of fines it levied in 2013.
The European Central Bank might like to update its website – specifically, its educational video to teach teenagers about the importance of keeping prices in check.
A former Amazon employee embroiled in a legal battle with the online retailer is set to go on hunger strike in an attempt to force the company to change business practices which he calls “deceptive and fraudulent”.
One of New York’s largest taxi driver groups has called for rival Uber to have its license suspended after reports that it has been abusing access to data about its passengers’ rides.
A Senate hearing on the Federal Reserve’s oversight of banks turned into a roast of New York Federal Reserve president William Dudley, who tried to fend off complaints from several angry senators and counted not one supporter on his side.
The largest pharmaceuticals merger in history, between Pfizer and Allergan, could be abandoned after the US government took fresh steps to clamp down on tax avoidance deals.
Two former executives at State Street were indicted in what the U.S. Justice Department said was a “brazen fraud” involving secret commissions applied to billions of dollars in securities trades.
Five former Barclays bankers accused of conspiring to rig Libor interest rates were “driven by money” and their offence “is no different from stealing,” a court has been told.