In a major victory for taxpayers in Iceland, an obscure transnational court ruled against the European Union and a similar supranational body last week, deciding that...
U.S. and British authorities fined $615 million (393 million pounds) and plead guilty to wire fraud in Japan to settle allegations it manipulated global benchmark interest...
World markets reacted strongly to resurfaced concerns about political instability in the European zone. Russian markets traded slowly on Monday and finally slid into the red...
Clients of British and Irish banks, and other financial institutions, could face increased charges after the UK and Irish governments signed controversial intergovernmental agreements (IGAs) with...
A judge this week named the Barclays bosses and others who tried to keep their identities secret in a landmark case linked to the libor rate...
Switzerland will now assist international tax authorities in disclosing information on bank accounts held by foreigners who avoid taxation at home. Joint efforts by the EU,...
Germany’s Deutsche Bank loses billions in fourth quarter of 2012 over 2.15 billion euros to be exact, as high restructuring costs hit its earnings. The biggest bank...
Iceland’s President Olafur Ragnar GRIMMSON was interviewed over the weekend (26./27.01.2013) at the World Economic Forum in Davos on why Iceland has enjoyed such a strong...
The move marks an extraodinary breakdown in trust between leading central banks and has set off ferment among gold enthusiasts, with some comparing it with France’s...
Britain’s ailing economy will not see progress at least for another couple of years, which could bring about a third recession and mark the economic longest...
A trader at Schroders and four other people were arrested on Tuesday as part of a new investigation by the Financial Services Authority into suspected insider...
Meeting on the 50th anniversary of the pact sealing their post-war reconciliation, the leaders of Germany and France vowed to bridge differences on the shape of...
Britain’s government borrowed slightly more than expected in December as the economy continued to struggle, thwarting efforts to erase a large budget deficit and adding to...
More than £5bn was gambled on high-speed, high-stakes gambling machines in northern England cities and London boroughs with high levels of unemployment last year – four...
A SCOT who lost his life savings when RBS collapsed is furious taxpayers will foot a huge legal bill for shamed banker Fred Goodwin. The bank...
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