Barclays Ex-CEO in Court on Fraud Charges
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He and three other former executives appeared in a West London court Monday to face fraud charges over deals struck to secure emergency Mideast funding during the financial crisis.
Brexit Could Cost Banks $17 Billion
Banks in the U.K. could be on the hook for $17 billion in costs to relocate certain activities to Europe after Brexit, according to a study by a finance trade group-a tab that could weigh on bank profits for years and ultimately hit European Union consumers.
Jana Takes Roughly 5% Stake in EQT
Jana Partners has taken a roughly 5% stake in EQT Corp. and is seeking to scuttle the energy company's proposed $6.7 billion acquisition of Rice Energy.
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Hong Kong-Mainland Bond Link Gets Off to Quiet Start
China's bond market showed little reaction as Beijing and Hong Kong opened a trading link giving global investors additional access to the world's third-largest debt market.
Reeling From Banking Crisis, Ukraine May Ban Auditor PwC
The government of Ukraine said it may ban PricewaterhouseCoopers from conducting bank audits in the country, the latest in a string of controversies involving the Big Four accounting giant.
Global Regulators Claim Partial Victory in Tidying Financial System
A report prepared for world leaders by regulators on the Financial Stability Board said that many of the "shadow banking" activities that contributed to the financial crash that pushed the world economy into recession almost a decade ago no longer pose a risk to financial stability.
Bankrate to be Acquired by Marketing Firm Red Ventures
Red Ventures LLC said Monday it has agreed to buy personal finance website operator Bankrate Inc. in a $1.24 billion all-cash deal, as it seeks to expand its presence in the financial-services industry.
How MetLife Spinoff Could Shine Bright
When MetLife spins off Brighthouse Financial, investors will get a leveraged play on higher interest rates.
How Monte dei Paschi Ended Up on the Verge of Nationalization
Italy's expected nationalization of Banca Monte dei Paschi di Siena and its decision to sink billions into two failing banks are raising questions about whether the government's approach to bank oversight has helped or hurt taxpayers.
Bank of England Staff to Strike Over Pay
The Bank of England faces strike action by some of its staff after a ballot of workers in the maintenance, parlors and security departments found 95% supported a series of walkouts.
(END) Dow Jones Newswires
July 03, 2017 16:16 ET (20:16 GMT)