Banks must change the way employees are compensated and take other steps to fix a corporate culture that encourages misdeeds or face being broken up, said William C. Dudley, president of the Federal Reserve Bank of New York.
The cost for banks to settle probes into allegations traders rigged foreign-exchange benchmarks could hit as much as $41 billion, Citigroup analysts said.
A former Barclays Plc unit managing director in Latin America sued the company over its pullback from the region, claiming the bank broke a contract with him and violated New York human rights laws for allegedly discriminating against employees of Latin American descent.
All the latest news, views and transfer rumours from the Etihad…
Asked if he'd want his old job back, Mohamed El-Erian tells CNBC: "No, I'm really happy with my life."
Manchester City, Everton, Newcastle United, Southampton, Arsenal, Manchester United and Chelsea stars all feature.
Spare a thought for Warren Buffett, who lost nearly $1 billion on IBM on Monday and another $1 billion on Coke on Tuesday.
The Janus Global Unconstrained Bond fund saw inflows jump over 500 percent in September after Bill Gross left Pimco to manage the fund.
Liverpool's hunt for a back-up goalkeeper continues and the latest name to be mooted is Kiko Casilla. What should fans know about the Espanyol man?
Manchester United attacker Adnan Januzaj failed to make the most of his first Premier League start of the season against West Bromwich Albion on Monday.
Tottenham Hotspur recovered from a shock 1-0 loss to West Bromwich Albion last weekend with a 1-1 draw at Arsenal on Sunday.
HITC have created a new clan for Destiny Players to join up and battle The Darkness together.
Manchester United earned a much needed win over West Ham United on Saturday as goals from Wayne Rooney and Robin van Persie handed them a 2-1 win.