Goldman Sachs Group Inc Chief Executive Officer David Solomon has told employees he is "personally outraged" that any of the bank's officials would take the actions laid out in U.S. government charges of fraud involving Malaysia's state controlled investment bank, 1MDB.
Switzerland's competition watchdog has raided the offices of financial companies, including Credit Suisse and UBS , to investigate a suspected boycott of mobile payment solutions such as Apple Pay and Samsung Pay .
A series of cabinet resignations in Britain over a draft deal to take Britain out of the European Union reinforces uncertainties over the future of the country's ad market, the co-chief executive of outdoor advertising company JCDecaux said on Thursday.
Saudi Arabia's sovereign wealth fund PIF is exploring the acquisition of up to a $700 million stake in Legendary Entertainment, the U.S. movie studio behind films such as "Jurassic World" and "Interstellar", according to people familiar with the matter.
Lloyds Banking Group said on Wednesday it had settled with an ex-employee who accused former bosses of concealing a massive fraud at its HBOS Reading unit, prior to a record-breaking cash call needed to keep the combined group afloat in 2009. The bank apologised to Sally Masterton, a former senior risk officer at Lloyds, and said that it had agreed to pay her financial compensation.
Royal Bank of Scotland on Wednesday said it had appointed Alison Rose to the role of deputy chief executive of NatWest Holdings, in a sign of her increasing prominence at the state-owned lender.
Malaysian Prime Minister Mahathir Mohamad said bankers at Goldman Sachs Group Inc "cheated" the country in dealings with state fund 1MDB and that U.S. authorities have promised to help return the fees the Wall Street bank earned from the fund.
Malaysia Prime Minister Mahathir Mohamad said on Tuesday U.S. prosecutors had promised to help return money that Goldman Sachs charged for its dealings with troubled Malaysian state fund 1MDB.
Danske Bank's 200 billion euro (£173.9 billion) money laundering scandal might be the "tip of the iceberg" and investigators should examine whether major Western banks played a role, a lawyer for the whistleblower said.
Italy's Banca Carige confirmed on Monday it will get up to 400 million euros (351 million pounds) from the country's biggest banks and private investors to meet a European Central Bank year-end deadline to boost its capital.
Business leaders expressed growing alarm on Thursday as a draft Brexit agreement seen as the only chance of preserving some stability in UK-EU trading threatened to unravel, sending stock prices and the pound plunging.