John Rusnak: pleaded guilty to bank fraud, and served nearly six years of prison term. Photograph: Algerina Perna/Baltimore Sun

AIB has won approval in a US court to pursue a $500 million fraud claim against Citigroup, which the bank alleges helped so-called rogue trader John (...)

Skyscrapers in the Canary Wharf business, financial and shopping district, including HSBC Holdings Plc, One Canada Square and Citigroup Inc. Photograph: Matthew Lloyd/Bloomberg

The day after Thomas Hayes was dismissed by Citigroup for rigging Libor, the derivatives trader fired off an email accusing his boss of manipulating s(...)

Ryanair had another electric day, closing up 0.6 per cent at a new record high of €12.34. The airline has been enjoying a strong week on the back of positive sentiment around its future earnings

European stocks extended a sell-off as the region’s leaders differed on how Greek talks were progressing. The Stoxx Europe 600 Index lost 0.2 per c(...)

Morgan Stanley is leading the group of banks said to be ready to supply Uber with $2bn in credit.

Uber is negotiating a $2 billion credit line from a group of Wall Street banks, according to a source. Uber, the car-booking company that has disrup(...)

The media report says that all the IBRC borrowers involed were commercial borrowers and do not include Irish Nationwide mortgage holders. Photograph: iStockPhoto

More than 1,000 borrowers owing €9 billion to Irish Bank Resolution Corporation were paying interest rates on their loans of less than 2 per cent at t(...)

Apple chief Tim Cook: the company’s 0.9 per cent drop yesterday weighed heavily on the S&P. Photograph: David Paul Morris/Bloomberg

The Iseq in Dublin, up 1.3 per cent, le d the charge among European bourses as stocks climbed on optimism a resolution to Greek debt talks is close. U(...)

Bond investors will have to get used to volatility, ECB chief Mario Draghi warned last week. No one seems to have told equity investors, with stocks (...)

Former trader Tom Hayes arriving at Southwark Crown Court with his wife, Sarah. Photograph: Simon Dawson/Bloomberg

The integrity of the Libor rate is fundamental to the financial system, a British court has heard. Saul Haydon Rowe, an expert in banking and t(...)

Former UBS and Citigroup trader, Tom Hayes and an unidentified woman arrive to Southwark Crown Court in London. Mr Hayes appears charged with eight counts of conspiracy to defraud in relation to alleged manipulation of the Libor rate.

Tom Hayes, a former star trader at UBS and Citigroup, becomes on Tuesday the first person to face trial by jury over allegations he conspired to rig (...)

European Central Bank  asset buying is helping bank earnings, with firms such as Intesa Sanpaolo SpA saying profit doubled in the first quarter as it sold government bonds. (Photograh: FRANK RUMPENHORST/EPA)

The investment of choice for bulls seeking risk, value and domestic growth? European banks. The shares have jumped 28 per cent since a January low, b(...)