Britain's Co-operative Bank (CPBB.L) said it has lost current account customers as a result of a scandal involving its former chairman and a scheme that makes it easier f ..
The Bank of England moved to head off the risk of a housing bubble in Britain on Thursday, making a surprise announcement that it would put the brakes on a scheme launched las ..
In the 1990s, London-based investment banks rewarded top employees with gold bars, fine wine and oriental carpets to dent the impact of higher payroll taxes. Now, with public ..
Raoul Weil, a former UBS banker charged by U.S. authorities five years ago for allegedly helping rich Americans dodge taxes via secret Swiss bank accounts, has agreed to go to ..
Italian airline Alitalia received less than two thirds of the 300 million euros ($407 million) it was seeking in an emergency cash call and said it expects to raise the rest f ..
ZURICH/DUBAI (Reuters) - Swiss lender UBS is scaling back corporate advisory and investment banking services for ultra-rich clients in some emerging market countries to reduce ..
More than 20,000 workers from European aerospace group EADS (EAD.PA) took to the streets in Germany on Thursday to protest against restructuring plans they fear could cost tho ..
The decision by a New York bank to close Cuba's checking account in the United States has presented an unusual diplomatic quandary that provides a test for new-found prag ..
FRANKFURT/MILAN (Reuters) - Germany utility E.ON (EOAN.DE) has started preparations for the sale of its Italian business and will soon begin the search for a buyer, four peopl ..
Israeli conglomerate Delek Group (DLEKG.TA) reported a 25 percent drop in quarterly net profit due to a loss in its U.S. fuel sector operations and a one-time tax expense. Del ..