State-backed Royal Bank of Scotland (RBS.L) has set aside 400 million pounds ($640 million) to cover potential fines for manipulating currency markets and warned further charg ..
France's No. 1 bank BNP Paribas (BNPP.PA) returned to net profit in the third quarter, recovering from a costly U.S. BNP -- battling to restore investor and client confid ..
Wal-Mart said it was bracing for competition to be as tough or tougher than in 2013, when heavy discounting depressed earnings across the industry. Wal-Mart's profits dro ..
Samsung Electronics Co Ltd unveiled two mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as t ..
Japan's Sony Corp reported a second-quarter operating loss on Friday that was narrower than analysts had estimated, as blockbuster sales of its PlayStation 4 games consol ..
While San Francisco Fed President John Williams was careful to say he was not advocating either of the approaches he discussed - price-level targeting and nominal-income targe ..
Wal-Mart joins the likes of Amazon, Office Depot and OfficeMax, which are also launching their first holiday deals over the weekend ..
Hackers are testing the financial system's cyber defenses, and they can boast of some alarming success. JPMorgan Chase & Co. (JPM) says a breach of its computer systems expose ..
Citigroup is one of six major banks that are expected to settle with Britain's Financial Conduct Authority by mid-November over allegations that the banks manipulated for ..
The World Bank said it plans to cut 500 jobs over the next three years as part of a broad restructuring meant to make it more efficient but that has rattled employees. The lon ..
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