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(...)

Rainer Neske, expected departure said to be due to a disagreement over the bank’s future direction, German media reported. Photograph: Lisi Niesner/Reuters

The head of Deutsche Bank’s retail banking unit is poised to step down, just weeks after Germany’s biggest bank unveiled a new strategy that will invo(...)

HSBC apologised in February after reports dubbed ‘Swiss leaks’ said the bank’s Swiss unit harboured the cash of tax dodgers, drug cartels and arms dealers.

HSBC’s Geneva private bank is no longer a place where wealthy people go to hide untaxed assets, according to Franco Morra, chief executive officer for(...)

Members of the public wait to cast their votes at a polling station in Elvetham Heath in southern England, on May 7, 2015, as Britain holds a general election. (Photograph: ADRIAN DENNISADRIAN DENNIS/AFP/Getty Images)

Britain’s election campaign has left voters divided on their next government. That means an all-nighter for John Wraith, UBS Group AG’s head of UK rat(...)

UBS said it is in advanced talks with the US department of justice (DOJ) to settle allegations of foreign exchange market rigging, as Switzerland’s bi(...)

Crude inventories thought to have increased by 3.3 million barrels last week, before an Energy Information Administration report on Wednesday. Picture: Reuters.

Oil fell for the third time in four days before US government data forecast to show crude stockpiles expanded further from a record. Futures dropped a(...)

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(...)

Deutsche Bank traders regularly asked rate submitters to make submissions that would benefit their trading positions Photograph: EPA

Deutsche Bank was ordered to pay a record $2.5 billion (€2.3bn) fine and fire seven employees to settle US and UK investigations into its role in rigg(...)

European Central Bank (ECB) president Mario Draghi holds a press conference at the IMF/WB Spring Meetings in Washington.

The euro fell across the board on Tuesday, as details emerged on a European Central Bank proposal to increase the insurance it would demand in return (...)