Blackstone founder creates $300M China scholarship
A U.S. private equity tycoon announced Sunday the establishment of a $300 million endowed scholarship program in China for students from around the ...
US retail sales drop keeps markets in check
More disappointing U.S. economic figures weighed on markets Friday after a solid run that's seen the two main U.S. stock indexes strike a series of ...
Asian stock markets mixed as gains cashed up
Asian stock markets were mixed Friday as investors turned cautious and took profits from recent rallies in spite of evidence pointing to an improving ...
Asia stocks rise on heels of new Dow record high
Asian stock markets mostly gained Wednesday on the heels of a record high on Wall Street as traders waited for the latest Federal Reserve meeting ...
Asian stocks up, Japan's Nikkei extends gains
Japan's benchmark stock index rose for a fifth straight day Tuesday, extending a rally sparked last week after the Bank of Japan announced a bold ...
Banks win dismissal of most rate-rigging claims
A group of banks including Bank of America and JPMorgan Chase have won dismissal of most of the claims in private lawsuits alleging that they rigged ...
CEO of scandal-ridden UK bank sets new tone
Be honest. Or be gone. That's the message from the new chief executive at Barclays, the British bank that paid a $453 million fine for manipulating ...
Fines levied against RBS in rate-fixing scandal
Britain's Royal Bank of Scotland became the third major bank to be caught up in a global probe of interest rate manipulation Wednesday, but what makes ...
UK declares new powers to break up banks
Britain's treasury chief warned the country's banks on Monday that they face being broken up if they fail to protect their retail operations from ...
UK judge rejects Barclays' LIBOR anonymity bid
A British court has rejected an attempt by Barclays to shield the names of more than 100 present and former employees of the bank allegedly involved ...
Big banks, under pressure, on defense at Davos
If there is one place bankers should be able to let down their guard a little, you would think it would be at the World Economic Forum in Davos, an ...
Asia stocks rise on signs of improving US economy
Asian stock markets rose Thursday after a Federal Reserve survey found the U.S. economy improved in 2012 and earnings from a handful of big banks far ...
Asia stocks gain on Bernanke comments, weaker yen
Asian stocks posted modest gains Tuesday after Fed chief Ben Bernanke said the central bank's bond buying is providing crucial support for the U.S.
Vatican surprised by bank's credit card block
A senior Vatican official says he is "truly surprised" that the Bank of Italy ordered credit card payments suspended in the tiny city-state and ...
Italian judge convicts 4 foreign banks of fraud
An Italian judge has found four international banks guilty of fraud in a case involving the sale of derivatives to the city of Milan and ordered the ...
A look at bank scandals since the financial crisis
Swiss bank UBS AG agreed Wednesday to pay some $1.5 billion in fines to international regulators following a probe into the rigging of a key global ...
From Canada, a tough economist for Bank of England
Naming the first foreigner to serve as governor of the Bank of England since it was founded in 1694 might have been expected to cause a fuss. Yet the ...
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