Financials

Barclays has reached a $100 million multi-state settlement over charges that it manipulated the Libor and Euribor interest rate benchmarks, New York Attorney General Eric Schneiderman said on Monday.

Barclays has reached a $100 million multi-state settlement over charges that it manipulated the Libor and Euribor interest rate benchmarks, New York Attorney General Eric Schneiderman said on Monday.

Goldman Sachs said on Thursday that Britain's vote to leave the European Union may adversely affect some of its operations in the EU and could require the bank to restructure some of its businesses.

Goldman Sachs said on Thursday that Britain's vote to leave the European Union may adversely affect some of its operations in the EU and could require the bank to restructure some of its businesses.

The U.S. Federal Reserve Board has ordered Goldman Sachs to pay $36.3 million in fines for the unauthorized use and disclosure of confidential information.

HSBC said its first-half profit tumbled 29 percent, slammed by slowing growth in its home markets in Britain and Hong Kong.

HSBC said its first-half profit tumbled 29 percent, slammed by slowing growth in its home markets in Britain and Hong Kong.

American International Group Inc, the largest commercial insurer in the United States and Canada, reported a 6.3 percent rise in quarterly profit as costs fell 16.3 percent.

American International Group Inc, the largest commercial insurer in the United States and Canada, reported a 6.3 percent rise in quarterly profit as costs fell 16.3 percent.

There are more than seven million Americans in default on their loans, many of them effectively in a standoff with the government.

There are more than seven million Americans in default on their loans, many of them effectively in a standoff with the government.

Two of the biggest players in the investment world are bearish on equities as Goldman Sachs downgrades stocks to "underweight" over the next three months and DoubleLine Capital CEO Jeffrey Gundlach saying there is no upside in U.S. debt.

Two of the biggest players in the investment world are bearish on equities as Goldman Sachs downgrades stocks to "underweight" over the next three months and DoubleLine Capital CEO Jeffrey Gundlach saying there is no upside in U.S. debt.

Like a good cappuccino, the plan to sort out Italy's weakest big bank is bittersweet for its peers.

U.S. authorities have issued subpoenas to Goldman Sachs for documents related to the bank's dealings with scandal-hit Malaysian state fund 1MDB, the Wall Street Journal reported late on Friday.

Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy.

Investors can rejoice as the major players slash fees for popular exchange traded funds.

Barclays reported a 21 percent dip in first-half pretax profits despite improved returns in its core business.

Barclays reported a 21 percent dip in first-half pretax profits despite improved returns in its core business.

MasterCard, the world's second-biggest payments processor, reported a higher-than-expected 6.7 percent rise in quarterly profit as consumers spent more on cards using its network.