After record losses of €6.8 billion for 2015, markets are also concerned about Deutsche Bank’s ballooning legal bill.

Deutsche Bank’s share price is in free fall after attempts to calm speculation about the finances of Germany’s largest bank backfired. This came as (...)

A specialist trader looks at his screen on the floor of the New York Stock Exchange. Photograph: REUTERS/Brendan McDermid

Bloodied bank stocks 2016 is shaping up to be a difficult year for investors in bank stocks. Credit Suisse shares plunged to a 24-year low last week (...)

Deutsche Bank’s € 1.75bn contingent convertible bond traded below 75 cents on the euro — its lowest level — a 19 per cent fall in price this year. (Photograph: Krisztian Bocsi/Bloomberg)

Prices for the riskiest bonds sold by some of Europe’s largest banks plumbed new lows on Monday, the latest sign of investors reassessing their outlo(...)

Tidjane Thiam, chief executive of Credit Suisse, has asked the company’s board to reduce his bonus, days after the Swiss bank reported a multibillion-dollar loss in the fourth quarter. (Photograph: Michele Limina/Bloomberg)

Tidjane Thiam, chief executive of Credit Suisse, has asked the company’s board to reduce his bonus, days after the Swiss bank reported a multibillion(...)

The Switzerland-based lender ended its financial year with a common equity tier one ratio – a key measure of financial strength – of 11.4 per cent, well below the 12.2 per cent it had promised shareholders.

Tidjane Thiam’s sweeping restructuring was meant to convince investors that Credit Suisse was on the road to recovery after some difficult years. But(...)

Credit Suisse chief executive Tidjane Thiam

Credit Suisse posted its first full-year loss since 2008 as it booked a big impairment charge for its investment banking business under new chief exec(...)

Barclays has admitted it broke the law and agreed to pay $70 million

Barclays and Credit Suisse have settled federal and state charges that they misled investors in their dark pools, with Barclays admitting it broke th(...)

The new Governor of the Central Bank Philip Lane on his first day in office . Photograph: Eric Luke / The Irish Times

Financial institutions must adjust to a new “post-crisis regulatory environment” which requires shifts in conduct and a more restrictive approach to b(...)

Minister for Finance Michael Noonan: welcomed the decision by Credit Suisse to become the first “third country” (non-EU) bank to seek to branch into Ireland. Photograph: Dara Mac Dónaill

Credit Suisse will today open a trading floor in Dublin, which will employ 100 staff by the year’s end for its prime services business in Europe. Th(...)

Wall Street rebounded sharply driven by a set of strong corporate results and recovering crude oil prices, ahead of the Federal Reserve’s policy meeting and Apple’s results.

PAMELA NEWENHAM Global markets pulled out of their nosedive after oil prices rebounded on hopes of a cut in production. Heavy falls overnight in Asi(...)