HSBC, Deutsche Bank and the Bank of Nova Scotia have been accused of attempting to rig the price of silver in the latest price fixing scandal to rock the banking industry.
Lloyds Banking Group has agreed to pay fines totalling $370m to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a government lending scheme.
The sentencing of five former aides to Bernard Madoff was delayed until mid-September after a federal judge in New York said 'voluminous' paperwork required a postponement of hearings originally scheduled for for later this week.
Karl Albrecht, who has died aged 94, was the co-founder with his younger brother Theo of Aldi, one of the world's most successful retail discount chains.
Barclays Wealth has suffered more senior departures, further indicating that the UK bank is struggling to retain key employees following a strategic overhaul of the business.
Bruce Van Saun, the former finance director of Royal Bank of Scotland, stands to make more than $12m if the company’s US operation, Citizens Bank, is sold before its planned flotation.
The Securities and Exchange Commission has charged a Citigroup business unit operating an alternative trading system (ATS) with failing to protect the confidential trading data of its subscribers.
It is 8am on a warm morning. Waterloo station in London is the city's busiest bicycle hire dock, and this is its busiest time of day.
Lloyds Banking Group is close to reaching a settlement with regulators over how much it should pay out for its role in the Libor-rigging scandal, the bailed-out bank has confirmed for the first time.
Rising house prices, the prospect of higher interest rates, and difficulty in raising a deposit are rapidly putting people off buying a house according to Halifax.
Boots is to cut up to 350 jobs in the UK as the pharmacy chain looks to reduce costs in its larger stores.
Has half of your office failed to turn up to work today? There might be a reason for that - and if the boss finds out, someone might be about to get into trouble.
Bank of America was raised to buy from sell by Mike Mayo, an analyst at CLSA, who said the company’s low valuation and “lousy” efficiency increase the chance shareholders will demand a spin-off or other type of restructuring.