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Corporate Alliances and IPOs To Drive Biofuel Investments
Citigroup's global head of environmental finance Michael Eckhart tells IBTimes UK of shift in biofuels financing in 2013
iWatch Coming from Apple in 2013
Rumours of an Apple-made iWatch simply won't go away, with latest reports suggesting a release sometime this year.
Libor Fixing Scandal: Rabobank Could Get Over $440M Fine
Dutch bank expected to reach deal with UK and US regulators over Libor rigging claims.
Italy at the Polls: Hung Verdict as No Party Secures Majority
Pier Luigi Bersani's centre-left coalition secures lower house but fails to win overall control as Beppe Grillo's Five Stars produce stunning performance.
FTSE Falls Most in 3 Months as European Markets Retreat Amid Political Concerns
Chancellor George Osborne's threat to break-up UK banks adds pressure to shares as FTSE tumbles from near five year high
UK Gas Market Price Rigging: Whistleblower Seth Freedman Sacked by ICIS Heren
Price analyst at centre of price fix allegations accuses former employers of victimisation.
Cathay Pacific Premium Cabin Sales Suffer as Banks Cut Jobs
Job cuts announced by major banks dampen demands for premium cabins in Cathay Pacific.
European Stocks Edge Lower as Spotlight Turns on US Earnings and China GDP
Eurozone returns to focus as IMF approves Greek's latest bailout tranche and Spain prepares for bond auctions on high expectations.
Asian Markets Edge Up as US Earnings Season Continues
Markets outside Japan pickup despite a weak start as traders await further US corporate earnings reports and yen weakened against the dollar.
Morgan Stanley to Axe 1,600 Jobs to Reduce Expenses
Morgan Stanley plans to cut some of the highly paid jobs in the level of managing directors and executive directors.
Jamie Forese and Manuel Medina-Mora Lead Citi Management Shake-Up
CEO Michael Corbat reveals new banking chiefs under Citi's first structural shake-up since Vikram Pandit quit.
Bank of America Reaches $10bn Settlement with Fannie Mae over Bad Mortgage Bonds [VIDEO]
Agreement will dent the bank's fourth quarter earnings by $2.5bn
City of London Finance Jobs Down 35% Amid Weak Economy
Hiring is expected to pick up in 2013 as eurozone crisis fears have reduced.
Best of 2012: Business Quotes of the Year
From the Crystal Meth Fiscal Cliff to the Shareholder Spring to the London Whale Tempest in a Teapot, the year's biggest stories began with a quote. Here are ten of the best.
Libor Fixing Scandal: Record Fine Not The End For UBS Woes
Although UBS settled for a record $1.5bn fine and admitted to fraud, Switzerland's biggest bank faces a huge task in reforming its tattered reputation.
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.
Profit Growth Hit As Standard Chartered Expects $330m Payment on Iran Settlement
Payment to settle claims that bank violated US curbs on Iran.
Citigroup to Axe 11,000 Jobs Amid $1bn Cost Cutting Drive
Citigroup reveals it is slashing 11,000 positions, in a bid to reduce expenses and 'improve efficiency'
Libor Fixing Scandal: UBS Close to $450m Settlement with UK and US Regulators
Swiss bank close to becoming second major bank to reach deal with UK and US regulators after Barclays.
Chinese Industrial Profits Jump 20.5% in October
China's industrial company profits surge, increasing hopes of economic recovery.
Reserve Bank of Australia Keeps 3.25% Interest Rate Unchanged
Australian central bank cautious because of higher prices and signs of world economy reviving.
Asian Markets Edge Lower on US Election and Greek Bailout Uncertainties
Nikkei trades 0.35 percent lower while KOSPI is up 0.19 percent. Shanghai and Hong Kong Indices shed 0.36 and 0.26 percent.
Diamonds are Forever? Barclays' Future May Mimic its Investment Banking Past
Barclays's new CEO Antony Jenkins faces a key decision on the bank's future - one that its latest earnings figures just made much more difficult.
Libor Fixing Scandal: Nine Banks Added to New York and Connecticut Probe
The joint New York and Connecticut probe into alleged Libor manipulation extends its investigation by adding nine banks to subpoena list.
Japan's Exports Drop 10.3 Percent in September China Islands Dispute Takes Toll
Exports to China, Japan's biggest market, fall 14.1 percent as bitter dispute over Senkaku islands rumbles on.
Asian Markets Weekly Report: Indices Advance on China and US Data
Major Asian markets gained in the week after Chinese economic figures and US quarterly earnings encourage investors.
Citi:‘Grexit' is Suicidal, Warns Steve Englander
Citigroup's Steve Englander argues Greece leaving the Euro is not an option and the cost of a break up would be "tremendous"
Citigroup's Vikram Pandit Steps Down After Securing Bank's Post-Crisis Future
Vikram Pandit steps down after five years at the head of Citigroup after third-biggest US bank posts solid earnings
Asian Stocks Gain on Spanish Bailout Hopes and US Earnings Data
Nikkei gains 1.44 percent while KOSPI is up 0.83 percent. Hang Seng ends 0..28 percent. Shanghai Composite index ends flat
US Quarterly Earnings and Retail Sales Push Asian Markets Up
Nikkei gains 0.94 percent while KOSPI is up 0.32 percent. Shanghai Composite index and Hang Seng trade 0.02 and 0.05 percent higher.