They are figures that could make any investor panic. Since the start of the year, Credit Suisse has lost 40 per cent of its value, UBS is down almost 30 per cent, and French giant Societe Generale has lost around 31 per cent.
The UK financial regulator has fined the boss of the so-called London Whale at JPMorgan Chase nearly �800,000 over the $6bn mismarking episode, but Achilles Macris is continuing to press another part of his legal battle against the watchdog.
Britain's economy has become less reliant on the crisis-hit EU than ever as exports to Europe continue to collapse. In a sign that the UK could prosper if it quit Brussels, sales to EU countries lagged behind exports to the rest of the world in 2015 ...
NEW YORK A U.S. judge said Tuesday that he would likely delay the release of a report detailing how well HSBC Holdings Plc (HSBA.L) has complied with anti-money laundering requirements until a federal appeals court could weigh in.
An Age UK boss has denied the charity has been pushing expensive energy tariffs to old people and has refused to apologise after suspending a deal with E.On aimed at the elderly.