Category : Banking crisis
HSBC has agreed to pay $100 million to end private U.S. litigation accusing it of conspiring to manipulate the Libor benchmark interest rate.
The latest trend among European countries of bringing home their gold reserves has been raising concerns in Brussels.
Global oil giant Rosneft has prepared itself for shutdown of SWIFT interbank cash transfer services, should Russia be shut out of the system as part of Western sanctions.
Most Asian central banks will stand pat for now, even with the Federal Reserve poised to raise borrowing costs this week.
Markets are becoming their own worst enemies, according to Goldman Sachs Group Inc.
JPMorgan uses a proprietary economic model to forecast the probability of a recession.
The bill would ease tight restrictions on small banks and community lenders and includes a number of other provisions beneficial to all but the largest U.S. banks.