Banking giant was accused of mis-selling mortgage-backed bonds during US housing bubble.
The Department of Justice, SEC and the New York Attorney General's office intend to file charges against BofA
Settlement is between Citi and shareholders over billions dollars of toxic mortgage assets.
Collapsed broker files for the latest in a string of lawsuits over credit default swap market
Deal gives UBS full release from other potential claims related to residential mortgage-backed securities.
Deutsche Bank to prune its balance sheet by 20% and reach 3% equity loan ratio
Former brokers arrested alongside ex-UBS and Citi broker Tom Hayes charged with conspiracy to defraud.
SFO charged the former UBS and Citi trader with eight counts of fraud
Bolland, already criticised over his pay, is facing questions over his three-year strategy.
Former NYU professor Heleen Mees charged with sending harassing mails to esteemed industry economist
Britain's HSBC stands fourth in rankings by The Banker magazine.
Europe accuses financial data firms and banks of operating cartel in credit derivatives business.
Reliance Capital said it has roped in Japanese financial powerhouses SumitomoMitsui Trust Bank and Nippon Life Insurance to boost its bid for a banking licence in India
Bank's decision follows similar moves by American competitors Morgan Stanley and Goldman Sachs.
Serious Fraud Office charges senior trader with conspiracy to defraud over Libor.
Standard Chartered, Citigroup and Deutsche Bank offer low-cost loans.
Prince Al-Waleed bin Talal claims Forbes undervalued him by $9.6bn and alleges bias against Saudi Arabians
IBTimes UK delivers a refresher course on the rate that was rigged around the world
Barclays, Citigroup, CLSA, Goldman Sachs and Morgan Stanley welcome Infosys' co-founder's return.
Wall Street gains propel Asian markets as fears over Fed's asset purchase cutbacks ease.
IBTimes UK takes a look at one of Wall Street’s most powerful people.
City finance jobs decline to 5,922 in April from 7,661 in the same month, a year ago
On 25 April 2013 the French Ministry of Labour posted the latest unemployment figures for March - an increase of 36,900 and the 23rd consecutive monthly increase - which showed that 3.224 million were signed up and looking for work. The Ministry admitted that this figure broke the previous record set in 1997 of 3.195 million and whilst not releasing an unemployment rate, reiterated that this had stood at 10.2 per cent at the beginning of the year and that they are confidant that the rate would ...
Bank, Bob Diamond and others win dismissal of shareholder lawsuit which claim investors lost money on rate rigging.
IBTimes UK takes a closer look at Lloyds Banking Group chairman following his retirement announcement
Lloyds Banking Group chairman reveals he will be retiring by this time next year
Third-largest US bank says profits rose by 31 percent in the first full quarter under new CEO Michael Corbat.
PwC says Lehman's administrators settled benchmark dispute and has freed $9.1bn for paying back investors
Most Asian markets add to their gains during the week supported by a strong start to the US earning season and Japan stimulus.
Citigroup and shareholders forced to revisit settlement amount and allocation.