Citigroup Sets Aside $600M More To Cover Legal Costs
October 31 2014 5:47 AM
Citigroup is one of six major banks that are expected to settle with Britain's Financial Conduct Authority by mid-November.
RBS Sets Aside $640M To Settle Forex Probes
October 31 2014 4:57 AM
Rival Barclays said on Thursday that it had set aside $800 million. JP Morgan, UBS and Citi have also set aside large sums.
BOJ Shocks Markets With Surprise Easing
October 31 2014 2:47 AM
The jolt from the BOJ came as the government signaled its readiness to ramp up spending to boost the economy.
China Nabs 180 Graft Suspects In Overseas Manhunt
October 31 2014 2:24 AM
The announcement came three months after the Chinese government launched the operation to hunt down absconding officials and businessmen.
Tsunami Evacuees Caught In $30B Money Trap
October 30 2014 8:57 PM
Thirty billion dollars in funding for roads, bridges and thousands of new homes in areas devastated by the tsunami in Japan is still languishing unspent in the bank.
Ukraine Gas Supplies In Doubt As Russia Seeks EU Payment Deal
October 30 2014 4:44 AM
Some critics of Russia question whether its motivation is financial or whether prolonging the wrangling suits Moscow's diplomatic agenda.
Barclays Sets Aside $800M For FX Probe, Q3 Profits Up
October 30 2014 3:57 AM
It is one of six banks that are in talks with UK regulators about a coordinated settlement over alleged manipulation of foreign exchange markets.
Advocates Worry Obama May Scale Back Or Delay Immigration Action
October 30 2014 3:49 AM
The fears are rooted in politics and a history of perceived broken promises.
Over 100 Dead In Sri Lanka Landslide, Hopes Fade Of Finding Survivors
October 30 2014 3:27 AM
The people living in the affected hilly area are mostly of Indian Tamil origin.
Quarantine-Like Monitoring Approved For US Troops On Ebola Mission
October 29 2014 6:36 PM
Hagel approved a strict, 21-day quarantine-like monitoring period for all U.S. troops returning from the Ebola relief mission in West Africa, the Pentagon said.
NATO Jets Track 'Unusual' Russian Bomber Sorties
October 29 2014 5:28 PM
NATO aircraft tracked Russian aircraft over the Baltic in what the Western alliance called an unusual burst of activity at a tense time in East-West relations.
Fed Set To End One Crisis Chapter Even As Global Risks Rise
October 29 2014 7:20 AM
The Fed’s statement will be read for signs of how inflation, growth and financial market volatility have influenced U.S. policymakers.
Eurozone Banks Expect Sharp Rise In Loan Demand In Q4
October 29 2014 6:34 AM
The ECB said in its latest quarterly Bank Lending Survey that banks are expected to ease credit standards further in the final quarter.
Sanofi Board Ousts CEO Viehbacher
October 29 2014 5:28 AM
Chris Viehbacher's dismissal was blamed on poor relations between him and the board.
SEC Probing Private Equity Performance Figures: Report
October 29 2014 5:09 AM
At issue is how private equity firms report how they calculate average net returns in past funds in their marketing materials.
China Can Afford To Cut Growth Target To 7% In 2015: World Bank
October 29 2014 2:39 AM
After 30 years of breakneck economic expansion, China wants to retool its economy to generate slower but better-quality growth.
British MPs Criticize UK's Immigration 'Mess'
October 29 2014 2:28 AM
Opinion polls show immigration is a major concern for voters and it has fuelled the rise of the UK Independence Party.
Global Consumer Confidence Improves, India Most Bullish: Nielsen
October 29 2014 12:53 AM
The survey also showed that concerns about the economy and job prospects had been replaced by worries about war and terrorism.
India Uncovers Suspected Plot To Assassinate Bangladeshi Prime Minister
October 29 2014 12:44 AM
Mainly-Muslim Bangladesh has suffered three major army coups and two dozen smaller rebellions since gaining independence from Pakistan in 1971.
Cyber Breaches Put 18.5M Californians' Data At Risk In 2013: Report
October 28 2014 9:23 PM
Cyber intrusions and other data breaches put the personal records of 18.5 million Californians, nearly half the state's population, at risk in 2013.