SINGAPORE AirAsia Bhd, Asia's biggest low-cost airline, values its wholly owned leasing arm at 4.1 billion ringgit ($1 billion), and aims to attract an equity investor to the unit by end-2016, it said in a presentation to analysts.
LONDON Lloyds Banking Group Chief Executive Antonio Horta-Osorio apologised to staff on Wednesday for damaging the bank's reputation but said he intended to continue running the British lender following press scrutiny of his private life. | Video
HONG KONG Hong Kong's securities regulator said it fined and reprimanded the local securities unit of Morgan Stanley for internal control failures related to disclosure of short-selling orders and comprehensive documentation of electronic trading services.
LONDON At an English country mansion last month, lawyers for Royal Bank of Scotland (RBS) sat down with representatives of angry shareholders to broker an end to what may end up being the costliest case in British legal history.
NEW YORK Citigroup Inc and AT&T Inc have ended a court battle over whether the "AT&T thanks" customer loyalty programme infringed Citigroup's trademark in the phrase "thankyou."
NEW YORK A U.S. appeals court refused on Monday to reconsider its decision to overturn a $1.27 billion (1 billion pounds) penalty against Bank of America Corp and a jury verdict finding it liable for mortgage fraud leading up to the 2008 financial crisis.
Pfizer Inc , beating out numerous other bidders, said it agreed to buy U.S. cancer drug company Medivation Inc for $14 billion (11 billion pounds) in cash, adding its blockbuster prostate cancer drug Xtandi to the company's growing oncology roster. | Video
JOHANNESBURG The head of Standard Chartered's African fund, which has $800 million invested, is set to leave the bank as it trims its private equity team on the continent, its global head of private equity said on Monday.
JPMorgan Chase & Co on Friday said it will receive $645 million (493.38 million pounds) in a settlement of litigation with the Federal Deposit Insurance Corp and Deutsche Bank AG arising from its purchase of Washington Mutual Inc's banking operations during the financial crisis in 2008.
LONDON Some big corporate clients of Royal Bank of Scotland face the prospect of paying to hold deposits with the bank from Monday as it becomes the first lender in Britain to charge negative interest rates.