The UBS AG company logo hangs above the entrance to the company’s Broadgate offices in London. UBS Group  will pay $545 million to settle US investigations into its role in manipulating currency and interest rates. Photograph: Bloomberg

They were known as the “Cartel” or the “Mafia” among their peers. The unsubtle nicknames were given to a group of traders who at one time worked for f(...)

 UBS Group will pay $545 million to settle US investigations into its role in manipulating currency and interest rates. Photo: Bloomberg

UBS Group will pay $545 million to settle US investigations into its role in manipulating currency and interest rates, removing two of the bank’s bigg(...)

In Dublin, Aer Lingus stock was up slightly but Ryanair fell by 1.8% as speculation about an IAG bid returns. Photograph: Eric Luke

The dollar bounced back from four-month lows, while Greek bond yields jumped on worries the country would not be able to make its debt payments.Wall (...)

Barclays Bank, Britain’s second-biggest lender by assets, closed at 261.40 pence on Tuesday, down 0.9 per cent on the day. Picture: PA.

Barclays Bank posted first-quarter profits even as it set aside an additional £800 million-pound ($1.2 billion) provision toward settling allegation(...)

Supermarket chain Sainsbury rose after deciding to axe 800 store jobs in a drive to cut costs. Photographer: Matthew Lloyd/Bloomberg

European stocks declined yesterday as data showed euro zone output expanded at a slower pace in April and Ericsson-led technology shares lowered. A(...)

The ECB headquarters in Frankfurt. As the bank enters its second month of quantitative easing, many analysts think it could be only a matter of time before German 10-year yields drop below zero.

Germany’s benchmark 10-year government borrowing costs are on track to fall below zero for the first time, raising fresh concerns over the damaging s(...)

Intel: Results tomorrow
For your diary

TODAY Meetings: Holcim agm (Zurich) TOMORROW Results: Google; Intel; Kuehne + Nagel. Meetings: Business Expo 2015 (Westcourt Hotel, Dro(...)

Web hosting company GoDaddy’s initial public offering is expected to value the company at up to $2.87 billion.

Web hosting company GoDaddy’s initial public offering is expected to value the company at up to $2.87 billion and comes at a time when there has been (...)

Car salesman Leo Emerson clears snow off a Chrysler 300 at Bill Snethkamp dealership in Detroit, Michigan back inJanuary. US retail sales unexpectedly fell for a third straight month in February, as harsh weather kept consumers from automobile showrooms and shopping malls, which could hurt growth prospects for the first quarter according to the Commerce Department. (Photograph: Joshua Lott/Reuters)

US stocks rose as a report showed retail sales unexpectedly fell, bolstering the case for keeping interest rates low. The dollar weakened from a 12-y(...)

Mario Draghi, president of the European Central Bank (ECB). Investors are waiting for Thursday’s ECB meeting for details about the quantitative-easing program announced in January. (Photograph: Martin Leissl/Bloomberg)

Ireland is likely to be a top beneficiary of the European Central Bank’s forthcoming €1.1trillion quantitative easing (QE) programme bond strategists(...)