The British Prudential Regulation Authority says Royal Bank of Scotland has by far the biggest capital reserve hole in its balance sheet in the UK.
U.S. stock index futures point to a lower open on Thursday weighed down by weak Chinese data, and concerns about the Fed's bond-buying program.
The rupee fell to a new low against the dollar after the FOMC suggested the Fed pull back on its bond-buying program.
The Swiss Parliament formally rejected a U.S.-led effort for more information on wealthy American clients of secretive Swiss banks.
The Fed chair ducked questions on a possible departure, and added he may start tapering QE this year. He wants "maximum employment."
For some kinds of fraud, fines aren't enough punishment. The SEC maps out cases where admission of wrongdoing would be in the public interest.
An IPO by Brazilian cement maker Votorantim Cimentos was reportedly cancelled after shareholders and potential investors expressed concerns.
The 571-page report also says senior banker bonuses should be deferred for up to 10 years, linking them to long-term performance.
India will auction $7.15 billion in unused government debt quotas to foreign investors on June 20.
U.S. stock index futures edge higher ahead of the outcome of the Federal Open Market Committee's two-day meeting, which began Tuesday.
Kodak will seek court approval for a $406 million rights offering, which will be used to repay creditors under its Chapter 11 reorganization plan.
Gold futures fell for the third straight session while Asians markets mostly declined on Wednesday ahead of the Federal Reserve's FOMC meeting.
Business sentiment among Asia’s top companies showed improvement in the second quarter despite weak global prospects, a report showed.
A report by the Jerome Levy Forecasting Center says that the euro zone recovery will only last a few months.
Phone companies in state jails give kickbacks to prisons and charge insane prices.
Major consultancy Deloitte Financial Advisory Services LLP has been banned from some new work in New York state temporarily, after an investigation found conflicts of interest.
Which types of U.S. investors will gain when the Federal Reserve eventually tapers -- i.e., decreases -- its quantitative easing program?
Maybe Hong Kong needs an Edward Snowden-type in its banks.
Swiss lawmakers have criticized U.S. attempts to elicit information on U.S. tax evaders as undermining Swiss sovereignty.
The rebound is being driven by low mortgage rates, an improving job market and adequate consumer confidence.
German bank Commerzbank has agreed on a level of job cuts crucial to an ambitious years-long restructuring, said negotiators.
Economists expect the Federal Reserve Wed. to continue, for the time being, its QE program of $85 billion in asset purchases per month.
U.S. stock index futures gain as markets await reports on inflation and housing starts.
ECB's Mario Draghi said Tuesday that the bank may resort to unusual policy measures such as negative deposit rates to save the euro zone.
Investor sentiment in Germany and the euro zone improved more than expected while inflation in the UK rebounded, data released on Tuesday show.
EU Minister Egemen Bağiş had some choice words for the weekly British magazine.
EU regulators look set to approve an $8.2 billion takeover of NYSE Euronext by Intercontinental Exchange, or ICE.
Beijing bought shares in the Industrial and Commercial Bank of China, Bank of China, China Construction Bank and Agricultural Bank of China.
Investors also had an ear for a hint of the U.S. Federal Reserve's likely monetary policy stance at its meeting Wednesday.
Brazil's IPO market is set for a record haul with companies tipped to raise $10.6 billion in public offerings despite weak economic growth.