Scandal-plagued Deutsche Bank has announced a sweeping business and management shake-up that would “fundamentally change” its leadership structure. (Photograph: DANIEL ROLAND/AFP/Getty Images)

Deutsche Bank is restructuring its business, splitting its investment bank in two and parting ways with some of its top bankers as the new chief exec(...)

The US Federal Reserve announced last week that quantitative easing (QE) was finally over, an event investors seem to have taken in their stride.Grant(...)

David Drumm, former Anglo chief executive and Sean Fitzpatrick,  former chairman.

Part 1: September–December 2007 September 11th, 2007: Ardboyne HotelEarly aut(...)

Hank Paulson: the former US treasury secretary is the subject of “Hank: Five Years from the Brink”, a film by Oscar-nominated documentary maker Joe Berlinger.

It is just over a half-decade since the US financial earthquake shook, taking down one of Wall Street’s biggest banks and crumbling the foundations of(...)

Seán Quinn: plan to leave his children with independent wealth ‘went fatally wrong’ according to Liam McCaffrey, a former chief executive of the Quinn Group.

TOM LYONSBusinessman Seán Quinn was “eternally optimistic” about Anglo Irish Bank’s share price and continued betting on its recovery as the stock fe(...)

Pat Whelan, William McAteer and Seán FitzPatrick leaving the Circuit Criminal Court in Dublin yesterday. Photograph: PA The trial of former Anglo Irish Bank directors Pat Whelan (left), William McAteer (centre) and Seán FitzPatrick is continuing at Dublin Circuit Criminal Court.

The trial of three former Anglo Irish Bank directors has heard from its first witnesses including the former chief executive of The Quinn Group. Liam(...)

Seán Quinn: he had engaged in a “form of gambling,” called contracts for difference (CFDs), prosecuting senior counsel Paul O’Higgins said, adding CFDs effectively allowed investors gamble on the future price of shares without actually owning them. Photograph: Collins

“No doubt you all have heard of Seán Quinn, the Quinn family and Quinn enterprises,” prosecuting senior counsel Paul O’Higgins told the jury in court (...)

From left: Seán Fitzpatrick, Pat Whelan and William McAteer arriving at court this morning. Photographs: PA

The trial of three former Anglo Irish Bank directors has begun with the jury hearing that the accused are alleged to have known about an illegal sc(...)

JP Morgan Chase & Co agrees a $13 billion settlement, the biggest civil settlement with any single company

JP Morgan Chase, the biggest bank in the US, agreed a record $13 billion settlement with regulators on Tuesday, ending months of tense negotiations wi(...)

Lehman’s legacy

Five years ago, after Lehman Bros, a US financial institution, had filed for bankruptcy on September 15th, 2008, the global financial system came clos(...)