For chancellors of the exchequer, annual International Monetary Fund meetings have not always been the happiest of occasions.
European bank stocks finished the quarter up on Friday, making it the index's best quarter since the first quarter of 2015.
Shares in Deutsche Bank have gyrated wildly before closing sharply higher amid speculation the embattled German lender was on the brink of a deal with the US authorities over a decade-old mis-selling scandal that would be less damaging to its finances.
The Rhode Island state treasurer said Thursday he plans to reallocate hedge fund money into more traditional asset classes over the next two years.
Sad to report.
Announcement expected Monday.
Deutsche Bank Chief Executive John Cryan on Friday moved to reassure staff after shares in Germany's largest lender hit an historic low amid.
The $41-million clawback that Wells Fargo slapped on CEO John Stumpf is a good start, but it's not enough, says one prominent banking analyst.
Experts and analysts in the industry are playing down comparisons between Deutsche Bank and the dramatic collapse of Lehman Brothers eight years ago.
Oil and share prices rose after Opec members struck a deal to limit crude output for the first time since 2008, in an attempt to ease a global glut that has more than halved crude prices in the past two years.
The CEO was speaking at the DealBook Conference in New York City, hosted by CNBC anchor and New York Times columnist Andrew Ross Sorkin and the editors of the Times.
The billionaire's Harvard Medical School-approved trick takes him far from his desk.
The home secretary has vowed to stem the flow of “dirty money” into the City of London in an attempt to end its reputation as a safe haven for “criminals and corrupt kleptocrats” to hide their money.