Libor Fixing Scandal: Over 30 UBS Bankers Implicated as Bank Braces for Fine [VIDEO]
Dozens of UBS employees are said to be implicated as the settlement estimation rises to $1.5bn.
Comet's Collapse to Cost Unsecured Creditors £230m [VIDEO]
Government set to lose £49.4m in redundancy payments and tax revenues.
Libor Fixing Scandal: Over 30 UBS bankers implicated
Over 30 UBS employees and senior managers are reported to be implicated in the alleged libor rigging scandal, with the Swiss Bank estimated to pay around $1.5bn to settle charges.
AIG Exits AIA Group with $6.45 Bn Stake Sale
Stake sale by AIG ends 100-year-old relationship with Asian insurer.
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Banks Too Big to Jail? Lawyers Say Lenders above the Law
Concerns over effective immunity for banks as Britain's new bank regulators says bringing criminal charges 'raises troubling questions'.
Mis-Selling Derivatives: MPs Confirm FSA Delays Pilot Scheme Results
Outcome of interest rate swap agreement disputes under pilot scheme put off next year.
Libor Fixing Scandal: UBS To Face More Than $1bn Fine
Swiss investment bank faces fine that is more than double amount Barclays paid for manipulating Libor, say reports.
PetroChina Joins Hands with Canada's Encana for Alberta Gas Project
PetroChina to buy 49.9 percent stake in project for $2.2bn.
Deutsche Bank Shares Slump After Warning on 'Significant' Earnings Hit
Difficult macroeconomic environment and restructuring costs will have a significant negative impact on Germany's biggest lender fourth quarter results
UK Government Lifts Fracking Ban for Shale Gas [VIDEO]
Government lifts ban on controversial method to produce shale gas despite environmental protests.
BAE Systems Seals US Navy $400m Deal
BAE Systems scores its third major military contract in one week
HMV Shares Plunge After Group Warns on Debt, Posts Pre-Christmas Loss
Struggling entertainment retailer says it may breach terms of its bank financing in January as sales slump
Wal-Mart in Talks to Buy Controlling Stake in Turkish Retailer Migros
80% holding in Migros to give Wal-Mart Tansas, Macrocenter and 5 M supermarkets.
Sports Direct Posts Big Profit Rise As London Olympics Lifts Sales
Britain's biggest sports retailer rings in more than £1bn in sales
Deutsche Bank Chiefs Under Investigation in Carbon Trading Tax Scam
Deutsche Bank ‘s co-CEO Juergen Fitschen and CFO Stefan Krause are targets of an investigation by German state prosecutors
Opec Reappoint's Libya's Al-Badri While Keeping Oil Production Target
The Organisation of the Petroleum Exporting Countries (Opec) reappoints Abdullah al-Badri and keeps oil production target
Barclays Snaps up Ex-FSA CEO Hector Sants as Compliance Chief
Investment bank appoints UK regulator's former boss as head of compliance and government and regulatory relations.
India Launches Inquiry into Wal-Mart's Lobbying Report
India launches probe into Wal-Mart's lobbying practices to find out how much money the retail giant has spent in India.
Zara's Inditex Sees Emerging Markets Profit Boost
World's biggest clothing retailer and owner of Zara and Massimo Butti brands posts solid profit gain.
BHP Billiton to Sell Stakes in Browse Project to PetroChina
BHP Billiton has agreed to sell its stakes in Browse gas export project in Australia to Chinese firm PetroChina
High Street Takes Another Blow as 90 Stead and Simpson Stores Set to Close
500 jobs thought to be at risk at 178-year-old retail firm.
Richard Branson Sells Virgin Atlantic Stake After £1m BA Wager
Billionaire entrepreneur seeks first trans-Atlantic tie-up in his airline's history as he seeks to challenge BA's long haul dominance.
Opec Preview: Tough Talks Ahead on High Oil Prices and Supply
Organisation of the Petroleum Exporting Countries face serious questions over managing high prices, supply glut and geo-political tensions
Lethal Bizzle: Dame Judi Dench Helped My Stay Dench Business
Rapper says Skyfall actress donning his hat sent street brand's sales soaring.
Beyoncé Signs $50m Pepsi Deal ahead of Superbowl
Single Ladies star will front soft drink giant's latest campaign and her face will be on Pepsi cans and other products.
US Government to End AIG Rescue by Selling Remaining Shares
US Treasury Department making public offer of 15.9% of AIG holding.
Libor fixing probe: Three men arrested in London
The Serious Fraud Office has announced that three men aged 33, 41 and 47 have been arrested as part of the on-going investigation into the Libor rigging scandal.
Diageo Shares Fall After Drinks Giant Dumps $3bn Bid for Mexico's Jose Cuervo
Drinks giant walks away from world famous tequila brand after failing to reach a deal.
Etihad Airways to Buy Stake in India's Kingfisher Airlines
UAE's Etihad Airways will reportedly acquire 48% stake in struggling carrier Kingfisher.
HSBC to Pay $1.9bn to Settle Money Laundering Probe [VIDEO]
Deal to settle charges that HSBC helped launder Mexican drug cartels' money as well as facilitating transfer of funds to sanctions-hit Iran.
HSBC to pay $1.9bn to settle money laundering probe
Europe biggest bank HSBC will pay a record $1.9bn in a settlement of a money laundering probe by US authorities.
EXCLUSIVE Mis-Selling Derivatives: Property Partnership Takes RBS to Manchester High Court
EXCLUSIVE: Partnership claims bank did not fully explain risks of product attached to £1.5m loan.
US and UK Capital Plans Clash with EU’s Basel III Vision
US and UK regulators focus on ramping up capital while Basel leaders tussle over reduction of capital requirements.
Bloomberg Weighs Acquiring Financial Times
New York City Mayor said to be interested in buying FT.
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Supreme Court Weighs In On Trump's Controversial Push to Restrict Birthright Citizenship
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How Did Sean Penn's Secret Interview with El Chapo Trigger a DEA Manhunt and Nearly Get Him Killed?
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Is El Chapo Guzman Still Alive? The 'Secret' Cartel Deal That Brought His Relatives Back to the US
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Who Is James Comey? Former FBI Director Takes Down Controversial Instagram Post – Was It a Threat to President Trump?
