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Barclays' Compliance Boss Hector Sants Resigns Because of 'Stress'
Former financial regulator leaves Barclays because of 'stress and exhaustion'.
London Banks Bracing For Cyber War Game Waking Shark II
BoE, Treasury and Financial Conduct Authority to monitor exercise led by Credit Suisse.
Former Credit Suisse Chairman Walter Kielholz: 'Dougan's £62m Pay-out Was a Mistake'
Kielholz says the remuneration programme would be structured differently today.
Asia's Richest Man Li Ka-Shing Readies War Chest to Boost European Footprint
Li eyes $18bn war chest from potential asset sales.
Bank of America Faces $6bn Fine for Misleading Fannie Mae and Freddie Mac
JPMorgan inked a $4bn settlement with the FHFA last week.
Barclays' Compliance Boss Hector Sants Taking Time Off Over Stress
Sants off until end of year as bank mired in numerous scandals, such as Libor fixing and derivatives mis-selling.
Japan's Lixil to Buy EU's Largest Bathroom Equipment Maker Grohe for $4bn
The deal marks the second multi-billion dollar European acquisition by a Japanese company in September.
Alibaba Eyes New York Stock Exchange Float for $120bn IPO
E-commerce giant could raise about $12.9bn through the IPO.
Libor Fixing Scandal: Credit Unions Take Aim at JPMorgan, UBS and Credit Suisse
National Credit Union Administration sues 13 banks over Libor fallout.
NCUA Sues Barclays, RBS and 7 Other Banks Over US Mortgage-Backed Securities Sales
National Credit Union Administration also sues JPMorgan, Morgan Stanley, and Credit Suisse
China's Manufacturing Sector Grows at Fastest Pace in Six Months as Exports Reverse Course
HSBC flash manufacturing PMI increases to 51.2 in September as exports witness expansion after six months.
Simon Cowell On Rogue Private Investigators' Client List
X-Factor boss one of 102 names on crime agency list.
Josef Ackermann: From Deutsche Bank Don to Pierre Wauthier's Suicide
Josef Ackermann described as both most powerful and most dangerous banker in the world.
China's Alibaba Acquires Stake in US's ShopRunner
Acquisition to boost Alibaba's e-commerce as ShopRunner offers Amazon-like services.
RBS, Barclays, HSBC Face $4bn Sub-Prime Fines as UBS Pays $885m to Fannie Mae and Freddie Mac
Deal gives UBS full release from other potential claims related to residential mortgage-backed securities.
FCA Fines RBS £5.6m for Transaction Reporting Failures
Regulator says the beleaguered bank breached rules by failing to report financial trades accurately
China's Alibaba Eyes Acquisitions on Potential $70bn IPO
Alibaba CEO says it will use IPO profits to finance acquisitions as it expands its mobile services
UK Tax Avoidance: Swiss Banks Face $522m Loss on British Tax Deal
British-Swiss deal aimed at sweeping Swiss banks clean of undeclared money held in accounts of UK clients.
S&P Cuts Barclays, Deutsche Bank and Credit Suisse Ratings
S&P cites stagnant European economies, tighter regulations for investment banks, and litigation risk.
BC Partners to Acquire German Publisher for €3.3bn
BC partners has agreed to buy German academic publisher Springer Science and Business Media from EQT and Government of Singapore Investment Corp. (GIC).
Dell Special Committee Backs Michael Dell Buyout Bid
Dell buyout special committee backs Michael Dell bid and warns Icahn rival proposal falls £2.5bn short.
Lloyds Sells US Mortgage Portfolio For £3.3bn to Meet Fresh Capital Requirements
Lloyds realises pre-tax gain of around £540m from sale.
Gold Extends Losing Streak as Fed Signals QE Exit
Analysts expect gold prices to fall to $1,100 an ounce in a year and below $1,000 in five years.
Stephen Hester Profile: CEO Behind Transformation of RBS
As RBS holds its 2013 AGM, IBTimes UK takes a closer look at its chief executive
Glencore Xstrata: Analysts' Ratings Snapshot
IBTimes UK delivers a snapshot of what the analysts recommend on the commodities giant's stock market debut.
Credit Suisse First Quarter Earnings Beat Forecasts with $1.4B Profit
Cost-cutting measures and restructuring in investment banking division help boost profits.
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.
Credit Suisse Eyes Cost Cuts By Slashing Security [Exclusive]
While axing investment banking jobs Credit Suisse is also paring back security in line with cost cutting measures
Swiss Bank Wegelin Fined $58 Million in US Tax Evasion Case
Swiss bank Wegelin & Co has been accused of aiding and abetting tax fraud.
Rolls Royce Plans to Launch Special India-Edition Cars
The British luxury car maker looks to include Indian images and symbols in its localised edition.