UBS is awaiting the result of an appeal against a €4.5 billion court decision in France for facilitating tax fraud, due in late September.

UBS reported a surge in second-quarter profit as the world’s largest wealth manager reaped the benefits of buoyant markets and a boom in mergers and a(...)

Nomura’s net profits for the full year that ended in March were $1.4bn, down 29% from fiscal 2019.

Bank losses from the implosion of Archegos Capital have surpassed $10bn, after Nomura reported a $2.9 billion (€2.4 billion) hit and suspended its hea(...)

The Swiss bank lost at least $4.7 billion from the collapse of family office Archegos Capital.

Some of Credit Suisse’s largest shareholders will attempt to remove the board member in charge of risk oversight, in protest at twin scandals that hav(...)

In Shoreditch, London, a Deliveroo rider takes part in a strike on Wednesday as the food delivery couriers seek fair pay, safety protections and basic workers’ rights. Photograph: Stefan Rousseau/PA

Image of the week: Dignity seekers A short few months after Deliveroo workers in Ireland held an unofficial strike over pay and conditions – saying t(...)

The FTSE 100 has risen 4.3 per cent so far this year, supported by speedy vaccine rollouts and a raft of economic stimulus. Photograph: iStock

World stocks ran higher on Thursday following their slowest quarter in a year, as US economic strength offset the return to strict Covid-19 lockdown m(...)

Photograph: iStock

European stocks were flat on Wednesday as a 30 per cent slump for delivery company Deliveroo in its London debut took the shine off the fourth straigh(...)

Ryanair advanced 4.21%  to close at €16.725 after trading at a high of €16.81 earlier in the day. File photograph: Crispin Rodwell/The Irish Times

Prospects of a vaccine-driven economic boost and a big US spend on infrastructure sent European shares to record highs on Tuesday, aiding banks in par(...)