US credit card giants Visa and Mastercard sued retailers that rejected a multibillion-dollar settlement over transaction fees and asked the court to rule the fee practices weren't illegal.
Wednesday, May 22, 2013
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The Vatican on Wednesday said it was a "credible partner" in the struggle against money laundering as it published its first-ever report on efforts to meet international rules on suspect financing.
Wednesday, May 22, 2013
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The Vatican on Wednesday said it was a "credible partner" in the struggle against money laundering as it published its first-ever report on efforts to meet international rules on suspect financing.
Tuesday, May 21, 2013
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JPMorgan Chase shareholders Tuesday voted down a shareholder proposal to split the chairman and chief executive roles, handing bank chief Jamie Dimon a big victory.
Monday, May 20, 2013
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Goldman Sachs is selling the rest of its Industrial and Commercial Bank of China (ICBC) stake, worth around US$1.1 billion, in a move to exit an investment it made into the bank seven years ago.
Monday, May 20, 2013
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Asia's mobile revolution is set to transform the region's financial services industry, offering a cheap way for millions of migrant workers to send money home to their families, a report said on Monday.
Sunday, May 19, 2013
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There is no shortage of cash or credit in Angola -- Africa's second oil producer -- but the struggle small businesses face to get loans is stimying efforts to diversify the economy.
Friday, May 17, 2013
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The European Central Bank is exploring ways to directly help small and medium-sized companies as a way to boost the recession-hit eurozone economy directly, said Benoit Coeure, a member of the bank's executive board.
Friday, May 17, 2013
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The former head of Spanish bank Caja Madrid became the first top banker to spend time in jail over alleged mismanagement in the financial crisis, officials said on Friday.
Thursday, May 16, 2013
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State-rescued Royal Bank of Scotland axed 1,400 more positions on Thursday, taking the total number of job losses close to 40,000 since its vast state bailout at the height of the global financial crisis.
Saturday, May 25, 2013
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