Wells Fargo reform plans fail to satisfy Fed after scandals: sources

The Federal Reserve has rejected Wells Fargo & Co’s plans to prevent further consumer abuses and told the scandal-plagued lender […]

China’s Unipec to buy U.S. oil after Xi-Trump tariff truce

Chinese oil trader Unipec plans to resume U.S. crude cto China by March after the Xi-Trump deal at the G20 […]

OPEC works on deal to cut output, still needs Russia on board

OPEC and its allies are working towards a deal to reduce oil output by at least 1.3 million barrels per […]

Pimco buys all of $3 billion UniCredit bond: sources

U.S. fund Pacific Investment Management Co has bought all of a $3 billion, five-year bond offered with a hefty return […]

OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources

OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day […]

Sterling catches breath before UK cabinet meeting

Sterling steadied after posting its biggest jump in two weeks on Tuesday as investors await the outcome of a cabinet […]

Goldman Sachs bankers ‘cheated’ Malaysia over 1MDB: PM Mahathir

Malaysian Prime Minister Mahathir Mohamad said bankers at Goldman Sachs Group Inc (GS.N) “cheated” the country in dealings with state […]