Newly-filed accounts show Citibank Europe reported a pre-tax profit of $720 million in 2015 versus $878 million a year earlier

Citibank Europe, which is headquartered in Ireland, saw profits and revenues decline last year due to what it described as a challenging business env(...)

The yen weakened sharply on Friday on a report that the BOJ is considering cutting rates at which the central bank lends money to banks. But doubts are growing about how effective such a measure would be in lifting the moribund economy. The Bank of Japan will make its policy announcement on Thursday. (Photograph: Thomas Peter/Reuters)

Asian stocks retreated on Tuesday as investors braced for central bank policy meetings in the United States and Japan this week. European markets wer(...)

Attorney General Eric Schneiderman speaks at a news conference on Monday. Goldman Sachs has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the US Department of Justice. (Photograph: Stephanie Keith/Reuters)

Goldman Sachs has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the US Department (...)

Bruce Springsteen and the E Street Band.

Bruce Springsteen has canceled a concert in North Carolina this weekend in protest of the state’s new law on gay and transgender rights, becoming perh(...)

One of the most expensive paintings sold at the Ganz auction was Picasso’s Women of Algiers, version O. It’s one of a celebrated series of 15 paintings Picasso made in the mid-1950s. In addition to “O,” the Ganz auction featured versions “M,” “H,” and “K.”

After a chance discovery, the grandson of a Jewish art dealer learned that a valuable painting he believed the Nazis had looted from his grandfather m(...)

Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan, March 15, 2016. The BOJ’s policy board agreed to continue its massive asset buying programme at existing levels, while sounding somewhat more pessimistic about the outlook for exports, industrial output and inflation. (Photograph: Toru Hanai/Reuters)

Asian stocks fell on Tuesday after the Bank of Japan painted a gloomier view of the world’s third-largest economy, but the yen firmed as policymakers(...)

John Rusnak, the rogue trader who cost AIB $691 million, has expressed relief that the bank and Citibank settled a 12-year-old US legal action over h(...)

The case arose from John Rusnak’s having hidden trading losses at AIB’s Allfirst Bank  for at least five years before they were revealed in February 2002.

Citigroup has settled long-running litigation in which AIB accused it of helping rogue currency trader John Rusnak rack up a $691 million loss. US di(...)

US Republican presidential candidate and senator Ted Cruz: Failed to disclose a $500,000 loan from Goldman Sachs. Photograph: Reuters/Brian Snyder

Republican presidential candidate Ted Cruz failed to disclose to the Federal Election Commission a loan from Goldman Sachs for as much as $500,000 tha(...)

Rogue trader John Rusnak: pleaded guilty to defrauding AIB subsidiary Allfirst in 2002 and was sentenced to seven and a half years in prison. He has since run a dry-cleaning and laundry business in the Baltimore area

John Rusnak, the rogue trader who cost AIB $691 million, has said he will not testify at a US trial in which the bank is suing Citibank for (...)