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Derivatives Scandal: Monte Paschi Prosecutors Seize €1.8bn in Nomura Assets
City of Siena prosecutors reveal they are seizing billions of euros of Nomura assets as part of Monte Paschi's derivatives losses probe
European Markets Open Mixed After Weak China Data
China's lower-than-expected first-quarter growth adds to investors' concerns about the global economy.
ICIJ's Offshore Data Raid on the Global Elite's Financial Secrets
International Consortium of Investigative Journalists, Guardian, Le Monde and Washington Post access data dump on financial machinations of mega-rich.
Mis-Valuing Derivatives: Germany's Central Bank Launches Deutsche Bank Investigation
Bundesbank launches DB probe over mis-valued credit derivatives that allowed the lender to hide over €9bn worth of losses
Banks Secure Major Win as US Judge Rejects Antitrust Claims in Libor Lawsuits
The US District Judge dismisses antitrust claims while allowing some commodity manipulation claims to proceed.
Italy's Monte Paschi Posts €3.17bn 2012 Loss on Bad Debt and Derivatives
World's oldest bank posts huge loss on bad debt provisions and derivatives trades targeted by fraud probe.
EU Regulators Expands Anti-Trust CDS Probe With ISDA
EU watchdogs expands probe into the industry body on possible collusion with banks on credit derivatives market data
Deutsche Bank Ramps up Litigation Provision by €600m
German lender increases mortgage-related lawsuits and unrelated litigation provision to €2.4bn.
Pippa Middleton Spotted kissing Beau Nico Jackson in Public While Skiing
Pippa Middleton was seen celebrating her skiing achievement with a very public display of affection with her beau Nico Jackson.
Monte Dei Paschi di Siena Seeks €1.2bn Damages Over Derivatives [VIDEO]
Italian bank suffering huge derivatives losses seeks damages from two former executives as well as Nomura and Deutsche Bank.
News Corp Exits New Zealand's Sky Network Television
Rupert Murdoch's media company is divesting its minority holdings in firms ahead of its split to into two separate divisions.
Libor Fixing Scandal: Rabobank Could Get Over $440M Fine
Dutch bank expected to reach deal with UK and US regulators over Libor rigging claims.
Pippa Middleton Introduced to New Beau Nico Jackson's Parents at Kent Home
Ulrike Jackson says the Kate Middleton's sister and her son are "very happy".
Credit Agricole Takes €2.7bn Writedown Amid Stricter Accounting Rules
France's third largest bank tries to calm investors on its €2.68bn writedown, saying it will not impact on its core capital
Deutsche Bank Posts Biggest Quarterly Loss in Four Years
Europe's biggest bank sets aside €10bn to cover legal and restructuring costs as Libor investigation looms.
US Economy Contracts for First Time Since End of Recession
Surprise GDP decline triggered by limited restocking and government cuts to defence spending.
Italian Regulators Call Emergency Meeting Amid Growing Monte dei Paschi Scandal
The world's oldest bank is accused of hiding millions in losses as it made pleas for a €4bn state rescue that involves Italy's political elite
Rate Fixing Scandal: Deutsche Bank Confirms BaFin Investigation
German regulator launches Euribor rigging investigation into Deutsche Bank, Portigon and two other lenders
Markets React Negatively to Apple's Record Results
Despite selling more iPhones than ever before, and reporting record revenue and profits, Apple's share will likely open almost 10 percent down as Wall Street remains unconvinced.
Housebuilder Crest Nicholson Plans Stock Market Comeback
Crest Nicholson is planning an IPO in order to take advantage of a "gradual recovery" in the UK housing market.
European December Car Sales Plunge Most In Two Years
Car registrations in Europe declines due to weak demand in the crisis-hit region.
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.
Rolls-Royce Reports Record Car Sales in 2012
Rolls-Royce retains its position as market leader in the ultra- luxury segment despite tough macro-economic and industry conditions.
German Regulator BaFin To Probe Banks’ Pay Policies
"High level risk takers" at Deutsche Bank are of 'particular interest' to the regulator.
Credit Card Ban Bad News for Vatican amid Financial Woes
Plastic banned in Vatican by Bank of Italy over transparency and money-laundering concerns.
Europe Mergers and Acquisitions 2012 Review: Top 5 Deals
M&A activity declines in 2012 due to global economic uncertainty.
City of God: Meet London's Christian Bankers
This Christmas IBTimes UK speaks to Christians in the City of London and asks how they square their faith and working in finance.
The UBS Horror Show: Tales from the Spooky Bankers' Crypt
The zombies of financial orgies past include Citi, Bank of America, Merrill Lynch, Bear Sterns, AIG and Countrywide.
Mis-Selling Derivatives: Milan Court Finds Four Global Banks Guilty
Deutsche Bank, JP Morgan, UBS and Depfa Bank guilty of mis-selling swap to Milan city council in landmark case.
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