Department of Justice

State-owned lender sees operating improvements and fewer charges for bad loans but sets aside £1bn for PPI and derivatives mis-selling.

Trial over Gulf of Mexico oil spill set to begin before US federal judge.

US judge ruled that BP recovered 810,000 barrels of oil and should therefore be excluded from certain penalties

US federal court finds Transocean guilty for its role in 2010 Deepwater Horizon oil rig disaster in Gulf of Mexico.

French police have no idea which twin is rapist because genes of suspects Elwin and Yohan are identical.

EADS unit GPT Special Management Systems is accused of bribing Saudi officials between 2007 and 2010.

CEO Michael Spencer says no evidence of fake trades for brokers in bid to distance itself from Libor scandal.

Philip Hampton says rate manipulators should be jailed despite bank still employing six Libor fixing traders.

Despite settling with US and UK authorities for £390m over Libor manipulation, RBS still faces fight for survival.

RBS chairman Philip Hampton said Hester has had only one bonus in four years and 'accountability can go too far'.

Regulators hit RBS in another day of shame for British banks but Treasury says taxpayers will not foot bill.

After RBS pays of £390m to CFTC, DoJ and FSA to settle Libor fixing charges, regulators release examples of misconduct

US Commodity Futures Trading Commission says manipulation continued after state-owned bank told of probe

State-owned bank says it is in 'late-stage' discussions with authorities and expects to pay 'significant' penalties.

Europe's second biggest oil company said net costs for fatal Gulf of Mexico disaster hit $42.2bn last year

McGraw Hill shares plunge to six-month low after S&P unit says Justice Department planning civil suit

George Osborne insists possible fines imposed on RBS by US authorities should be met by the bankers, not taxpayers.

Europe's biggest bank sets aside €10bn to cover legal and restructuring costs as Libor investigation looms.

Europe’s largest bank tries to bolster its risk management and financial crime supervision with its hard hitting new hire

Record fine and five years' probation adds to multibillion cost for worst environmental disaster in US history.

Shares fall the most in at least six months as Libor scandal nears its expensive conclusion for state-owned lender

Internal Revenue Service can claim UBS info on Swiss client Wegelin following the 250-year old firm's guilty plea to tax evasion charges.

Investment bank could be slashing bonuses in order to fund costs and fines related to Libor manipulation, says source.

JP Morgan's London-based CIO unit undergoes FSA investigation into Bruno Iksil's $6.2bn trading loss.

Parliamentary Commission on Banking Standards panel will probe Andrea Orcel and others, on UBS' standards and risk management controls

In the aftermath of Thursday's shooting in Switzerland and the Sandy Hook massacre, Lianna Brinded says oversimplified comparisons block progress in finding a solution to gun crime.

Offshore contract drilling company settles with US government for its role in BP’s Deepwater disaster.

US Department of Justice announces charges after UBS slapped with $1.5bn fine for manipluating Libor.

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.

Dozens of UBS employees are said to be implicated as the settlement estimation rises to $1.5bn.