A report from the European Central Bank (ECB) revealed that nearly a third of the bad loans in the euro zone are being held by Italians...
Banco do Brasil SA has announced plans to cut 18,000 jobs, as it seeks to expand its digital business, as a means of being more competitive....
Portugal’s largest listed bank Millennium BCP has accepted a 16.7 percent share purchase from Fosun, a Chinese conglomerate. Fosun made a subscription of 157,437,395 new BCP...
Hernan Arbizu, a former executive at American investment bank JPMorgan Chase & Co who had been hiding in Argentina for eight years has pleaded guilty in...
Nationwide Building Society (POB_p.L) announced the closure of its Commercial Real Estate (CRE) business, after it said the Brexit vote presented a bleak outlook for the...
People are queuing up outside banks across India to exchange 500 and 1,000 rupee notes after they were withdrawn as part of anti-corruption measures. Indians will...
It was one of his campaign promises, but now that he will be president, can he really uphold it? Donald Trump declared he was going to...
Embattled German bank, Commerzbank, revealed a quarterly loss of €280 million ($320 million), in the midst of its restructuring program. This was more than what investors...
Spanish banks got a much needed boost on Friday, as a couple of lenders posted better than expected results. Leading the pack was Caixabank, the country’s...
Nearly 3.2 million debit cards in India have been compromised by fraudsters, in what is one of the most widespread financial breaches worldwide. Customers complained of...