General Motors Co has agreed to pay $1 million to resolve a U.S. Securities and Exchange Commission accounting case related to a faulty ignition switch linked to 124 deaths an ..
JPMorgan Chase & Co has agreed to pay $55 million to settle a U.S. Justice Department lawsuit accusing it of discriminating against minority borrowers by allowing mortgage ..
Two of Europe's biggest banks warned on Wednesday they could each move around 1,000 jobs out of London, in the clearest sign yet of how financial firms are preparing for ..
UBS (UBSG.S) Chairman Axel Weber has said that around 1,000 of the Swiss bank's 5,000 employees based in London could be impacted by Britain's exit from the European ..
U.S. consumer prices rose in December as households paid more for gasoline and rental accommodation, leading to the largest year-on-year increase in 2-1/2 years and signaling ..
A U.S. appeals court on Wednesday revived a lawsuit by the Federal Deposit Insurance Corp against five banks including Credit Suisse Group AG (CSGN.S) stemming from the sales ..
In a regulatory filing on Tuesday, the Bill & Melinda Gates Foundation said the sales would occur from July 1, 2017 to June 30, 2020, under a plan similar to one expiring ..
NEW YORK/FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) has decided to cut bonuses drastically as it struggles to turn a profit and faces a big bill for litigation. Germany ..
The Federal Reserve said on Wednesday industrial output rose 0.8 percent last month after a downwardly revised 0.7 percent decline in November. Economists polled by Reuters ha ..
Etihad Airways is not looking to take a stake in German carrier Lufthansa (LHAG.DE), a spokesman said on Wednesday, denying a report in an Italian newspaper that sent Lufthans ..