An honourable exit for European banking barons
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Will the bad news never end? On Wednesday, UBS (NYSE:UBS) revealed its third hit from the US subprime crisis, bringing the Swiss bank's total write-downs for 2007 to a staggering $18bn. This while the world is still trying to comprehend how Soci&eacute;t&eacute; G&eacute;n&eacute;rale could have failed to stop an alleged rogue trading scam in the heart of its best-performing business - equity derivatives - costing it EU4.9bn ($7.2bn) and its international credibility. ...
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The unprecedented crisis over the European Commission moved decisively towards a conclusion last night when two would-be commissioners were dumped and a reshuffled team was announced.
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Three senior Citigroup Inc. C.N  executives are leaving the company, after being found partially  responsible for last month's forced closure of Citigroup's  private bank in Japan, a person familiar with the matter said.
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HSBC Holdings, Europe&#39;s biggest bank by market value, said Monday that David Eldon would retire as chairman of Hongkong and Shanghai Banking Corp.
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These mutual funds from Europe are at the head of their class.
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EU official leading antitrust case against Microsoft leaves for consultancy that has software giant as client.
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Business & money: Standard & Poor's, which has faced strong criticism for its role in the US sub-prime crisis, has announced the resignation of its president.
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The European banking sector continued to be hammered on Monday. Shares in French, German and Swiss banks were the hardest hit, but even Spanish and Italian institutions with minimal US subprime exposure could not escape.
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The move by the countryâs $200 billion wealth fund comes as the government nears the end of a decade-long reorganization of the banking industry.
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Newly merged Bank of New York and Mellon bid individuality adieu.
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Britainâs buoyant borrow-and-spend era may be coming to an end, and there are accounts still to be settled.
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Commerce Bancorp Inc. , under  fire for its business dealings with insiders, on on Friday said  that Chairman and Chief Executive Officer Vernon Hill is  leaving the company, and that it has settled two federal  regulatory probes.
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Many European groups that staged high-profile share listings on Wall Street in the 1990s are now slipping out the back door, giving up a fleeting status that turned out to be expensive and restrictive.
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How to navigate the treacherous waters of financial union.
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Tired of big banks? Here's an alternative.
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The company has decided to leave the public markets.
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Applegarth leaves with immediate effect as bank hopes new CEO will help it reverse its fortunes.