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JPMorgan Profit Drops on Bernie Madoff, London Whale and Mortgage-Backed Securities Probe Settlements
US banking giant JPMorgan takes 17% hit to net profit in 2013 to settle scandals
JP Morgan Pays $2bn to Settle Madoff Case
Tax Evasion: Swiss Banks Rush to Meet US DoJ Disclosure Scheme Deadline
Under US offer, potential tax evasion prosecutions dropped in exchange for penalties and data sharing.
Chinese Bitcoin Exchange Accused of Faking Trade Data
Chinese bitcoin exchange OKCoin has been accused by its users of faking trading data.
Payday Loan Adverts 'Must be Banned from Children's Television'
MPs on business select committee demand advertising controls on controversial payday lending industry.
Eurozone Banking Union: EU Finance Ministers Agree Failed Bank Resolution Plan
Europe's finance ministers seal third pillar in banking union with plan to wind down eurozone's failed banks.
China's FDI Inflow Rises 2.35% In November
Bank of England Forces Standard Chartered to Strip Finance Boss of Risk Role
Richard Meddings handed over risk governance to Peter Sands.
Finance Leaders Face Major Budget Cuts in 2014 Due to Eurozone Challenges
CEB says four in 10 finance departments expect to see their budgets cut.
UK Finance Sector Eyes Jobs Boost in 2014
Manpower says employers intend to hire more workers next year.
House of Lords Blasts 'Flawed' EU Financial Transaction Tax as 'Damaging to UK Interests'
Lords committee also attacks UK government's "diffident" approach to battling so-called Robin Hood Tax.
UK SMEs will 'Fret over Cash-Flows' During Festive Period
The research follows George Osborne's Autumn Statement 2013.
Bitcoin, Litecoin and the Curious Case of Crypto-Currencies' Legality
Is it against the law to steal bitcoins? Is it considered currency? Who is responsible for regulating it? Alistair Charlton investigates
UK Manufacturers Borrowing More but Credit Costs Rising
EEF, the manufacturers organisation, warns of higher credit costs but says access to finance easing for firms.
Battersea Power Station Snags £790m Bank Loan
CIMB, OCBC, Standard Chartered, and Maybank issue syndicated loan for the development
Investor: Bitcoin Has No Value - But the Technology Behind it Does
The value of bitcoin is in its tehcnology, not the currency itself, claims gold and currency investor Axel Merk.
Santander's Emilio Botin Targets US Profit Doubling to $2bn
Botin eyes profit goal through organic growth of Santander's US business.
Bankers Face 'Global Health Crisis' as Working Conditions Worsen
Barclays' Hector Sants signed off for stress while Lloyds' António Horta-Osório took time off in the past.
HSBC: Give UK SMEs Export Tax Credits to Boost Trade
HSBC launches Manifesto for British Exports with suggestions on how UK can meet £1tn exports value goal.
Top US Libor Regulator David Meister to Quit CFTC for "Personal Reasons"
Meister has investigated several global financial institutions for the manipulation of Libor.
Industry Contradicts Official Figures on Recession
The CBI says the manufacturing sector is actually doing well.
In Tatas' Footsteps: India's Sahara Group to Snap Up NY's Iconic Plaza Hotel
India-based Sahara Group is reported to be in advanced talks to acquire the New York property.