Royal Bank of Scotland could reach a settlement with authorities over the alleged rigging of foreign-exchange markets in the next six to 12 months, CEO Ross McEwan said.
The top financial brass from the Treasuries and central banks of Britain and the US are to take part in a war game, behind closed doors in Washington on Monday, to test how they would handle another Lehman Brothers-style banking crisis .
Now for some cheery news from the banking sector.
George Osborne is to announce on Monday that the government is selling its 40% stake in Eurostar before the election.
Goldman Sachs slashed its growth forecast for Hong Kong as pro-democracy protests stretched into their third week, with no end in sight.
Actor William Shatner told CNBC he was bored by boardroom battles, like the one between Silicon Valley pioneer Mark Andreessen and activist investor Carl Ichan.
Six years ago, finance ministers and central bank governors gathered in Washington for the annual meeting of the International Monetary Fund with the global financial system teetering on the brink.
Here we go again. Just as it looked like the recovery was on a firmer footing, and a little smugness had even crept in over Britain growing faster than other big economies, we’re hit with fresh warnings about a slowdown.
Standing in a brand new British Airways A380, at an altitude of 35,000ft over the Atlantic, Willie Walsh couldn’t resist having a dig at an old rival.
Europol is warning that criminal hackers are targeting global banks, The London Evening Standard reports, aiming to steal as much as $1 billion.
“It’s pure magic,” Eatsa promises.
Elmer Funke Kupper has resigned with immediate effect as managing director and chief executive of the Australian Securities Exchange (ASX), to focus on an Australian Federal Police (AFP) investigation into his previous employer.
Wafic Saïd, the billionaire philanthropist and arms deal fixer, is considering legal action against Barclays after the bank forced him to close his personal accounts and those associated with his charities and business ventures.