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 […]

Citigroup names new chairman, keeps post separate from CEO

The board of Citigroup Inc on Monday named one its independent members to be its new chairman, keeping the post […]

Deutsche Bank draws activist investment from former JPMorgan CFO

New York-based activist hedge fund Hudson Executive Capital LP has taken a stake in Deutsche Bank, the German lender said […]

IBM to acquire software company Red Hat for $34 billion

IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, […]

London forex traders found not guilty in U.S. rigging case

Three former London-based currency traders were found not guilty on Friday of U.S. charges that they schemed to rig benchmark […]

Deutsche Bank stumbles on path to profit as revenue recedes

Deutsche Bank’s bleak third quarter results and revenue forecast overshadowed its assertion on Wednesday that it is on track to […]

Making Sense of Bitcoin and Its Wild Price Ride: QuickTake Q&A

The initial price of bitcoin, set in 2010, was less than 1 cent. Now it’s crossed $19,000. Once seen as […]

Oil falls as Saudi Arabia says it will play ‘responsible role’

Oil prices fell on Tuesday after Saudi Arabia said it would play a “responsible role” in energy markets, although sentiment […]

Global banks curb China travel after UBS private banker stopped from leaving

Several global banks including Citigroup and Standard Chartered have asked their private banking staff to postpone or reconsider travel to […]

JPMorgan to build Silicon Valley fintech office

JPMorgan Chase & Co (JPM.N) said on Friday that it was building a new “fintech campus” in Silicon Valley for […]