Swiss watchdog investigates banks over alleged payments system boycott

Switzerland’s competition watchdog has raided the offices of financial companies, including Credit Suisse (CSGN.S) and UBS (UBSG.S), to investigate a […]

Credit Suisse investigated by Geneva prosecutors in Turkish case: Tages-Anzeiger

Geneva prosecutors are investigating if Credit Suisse (CSGN.S) exercised adequate oversight of money deposited in its accounts that belonged to […]

European shares recover after U.S. tech rout; dollar gains

European shares recovered on Tuesday after feeling the strain of a tech rout on Wall Street, while political risks in […]

Softbank’s Saudi-backed Vision Fund to raise $4 billion in debt

SoftBank’s (9984.T) Vision Fund is raising $4 billion in debt to help finance acquisitions and has hired Goldman Sachs (GS.N) […]

Big investors sue 16 banks in U.S. over currency market rigging

A group of large institutional investors including BlackRock Inc and Allianz SE’s Pacific Investment Management Co has sued 16 major […]

Wells Fargo executives knew auto insurance program was flawed: lawsuit

Wells Fargo & Co executives were warned that an auto insurance plan could be overcharging customers four years before the […]

Britain’s Barclays, Lloyds shock in EU bank stress test

Britain’s Barclays and Lloyds were the surprise laggards in a European Union bank health check on Friday, although none of […]

Dollar scales 16-month highs on cautious BOJ, weak China data

The dollar rose to its highest levels in more than a year on Wednesday as dovish comments by the Bank […]

China making fresh bid to boost loans to small firms as economy slows

China’s banking and insurance watchdog said on Tuesday that it will soon release new rules to boost financing to the […]

Dollar nears 10-week high before U.S. GDP data

The dollar hovered near a 10-week high on Friday as investors waited to see if U.S. economic growth figures do […]