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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
Deutsche Bank Chiefs Under Investigation in Carbon Trading Tax Scam
Deutsche Bank ‘s co-CEO Juergen Fitschen and CFO Stefan Krause are targets of an investigation by German state prosecutors
Opec Preview: Tough Talks Ahead on High Oil Prices and Supply
Organisation of the Petroleum Exporting Countries face serious questions over managing high prices, supply glut and geo-political tensions
Deutsche Bank Ex-Staff Claim $12bn Loss Hidden to Avoid Government Bailout
Three former employees tell US regulators enromous derivatives position deliberately undervalued.
Tesco Set for £1bn US Retreat As Fresh & Easy CEO Tim Mason Steps Down
Tesco shares leap after launch of 'strategic review' of loss-making Fresh & Easy retail chain.
Greece Launches €10bn Debt Buyback as Rescue Reaches Critical Phase
Greece's finance ministry hopes to retire as much as €62bn in outstanding debt as Germany hints at possible writeoffs in 2015
Delta Eyes Virgin Atlantic Stake for Increased Access to Heathrow
Delta Air is said to be bidding for 49% stake as it looks to expand presence in lucrative airport.
Qatar Offloads Remaining Barclays Warrants
Qatar Holding monetised its remaing warrants in Barclays as the bank faces investigations by FSA and SFO into transactions dating back to 2008.
Libor Fixing Scandal: Nine Banks Added to New York and Connecticut Probe
The joint New York and Connecticut probe into alleged Libor manipulation extends its investigation by adding nine banks to subpoena list.
Coq d'Argent Death Plunge: City Worker Nico Lambrechts had Happy Holiday Just Weeks before he Died
Photo deepens mystery of Investec Asset Management businessman's suspected suicide at City of London restaurant.
US Dollar Debate: Fed Policy Deliberately Weakens Greenback, Currency Experts Say
FX specialists debate on whether the US Federal Reserve is intentionally weakening the dollar, resulting in a ‘currency war’.
Businessman Falls from Luxury Shopping Complex Walkway in Third Suspected City of London Suicide
No 1 The Poultry: Police launch another suicide investigation in same building as Coq D'Argent, which witnessed suicide just one month ago.
Rate Fixing Scandal: RBS Suspends Key Singapore Trader
Reports say that RBS suspended Chong Wen Kuang, a prominent government securities trader in relation to rigging Sibor.
Libor Fixing Scandal: The Danger of Thinking Wheatley's Report is the End [OPINION]
We take a look at how banks still need to be needled and that regulators don't inadvertently rig rates themselves.
Asian Markets Fall as Concerns on Spain Rise
Eurozone worries continue to impact investor sentiments in Asia.
Deutsche Bank Layoffs and Bonus Cuts Could Trigger Exodus
Deutsche bank has announced plans to cut costs and encourage a change in employee behaviour to overhaul its work culture.
UBS Sued Over Pre-Crisis Mortgage-Backed Securities Sales
US regulator sues UBS over the sale of mortgage-backed securities to two credit unions before the credit crisis emerged.