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ENFORCEMENT Wells Fargo Is FinedFor Currency Overcharges Wells Fargo will pay $72.6 million in penalties for charging customers too much for foreign currency transactions, another fine for a bank that [...]

Byline: Gaia Pianigiani and Jack Ewing After performing poorly in a stress test, Monte dei Paschi di Siena, founded in 1472, could be swallowed by UniCredit. SIENA, Italy - Last [...]

After performing poorly in a stress test, Monte dei Paschi di Siena, founded in 1472, could be swallowed by UniCredit. SIENA, Italy -- Last month Banca Monte dei Paschi di [...]

EARNINGS Exxon Mobil and Chevron Profit From Oil's Rebound Exxon Mobil and Chevron reported strong quarterly earnings on Friday as the energy industry recovered from the sharp drop in demand [...]

The Dutch bank ABN Amro said Monday that it would pay a $580 million fine to settle money-laundering charges, prompting a former ABN manager to resign from his new job [...]

The curbs on U.S. banks' purchases of some bonds apply to a small portion of the market but could signal a sharper aim at Russia's access to global capital. The [...]

Banking Chase Planning to Have Interns Come to Office JPMorgan Chase is planning for summer interns in New York and London to come to the office, people briefed on the [...]

Britain and the European Union don't trust each other much, and global banks are caught in the middle. LONDON -- For Britain, its exit from the European Union is supposed [...]

RETAIL Tiffany and LVMH Try to Salvage Their Deal Tiffany & Company is close to an agreement to cut the price of its sale to the French conglomerate LVMH Moët [...]

A drive by buyout firm Cerberus to force cost cutting at Commerzbank has run into resistance from Berlin. A few weeks ago the American private equity firm Cerberus Capital Management [...]

The European Central Bank will pay banks to lend money after the economy shrank the most in decades. The worst is yet to come, the eurozone's top central banker warned. [...]

The financial impact of the coronavirus surpasses the old worst-case scenarios, threatening a credit crunch or even a new financial crisis. FRANKFURT -- It was supposed to be a drill. [...]

A new surge of bond purchases is intended to counteract ''serious risks'' to the eurozone economy as investors start to doubt Italy's creditworthiness. FRANKFURT -- The European Central Bank will [...]

Christine Lagarde, the bank's new president, is facing her first big crisis. She doesn't have much room to maneuver. The Bank of England launched an unexpectedly powerful attack on the [...]

The German lender said its bottom line suffered because it paid severance to fired workers and wrote down the value of troubled assets. FRANKFURT -- Deutsche Bank reported a whopping [...]

FRANKFURT -- Aivar Rehe was once one of Estonia's most prominent bankers, the chief executive of Danske Bank's unit in Tallinn and an integral part of the former Soviet state's [...]

Deutsche Bank's plans to retreat from risky investment banking, fire thousands of people and return to its German roots may eventually create a healthier lender. In the short term, the [...]

Deutsche Bank's plans to retreat from risky investment banking, fire thousands of people and return to its German roots may eventually create a healthier lender. In the short term, the [...]

RIGA, Latvia -- One was a dodgy investment adviser who used a pyramid scheme to bilk unsuspecting Russians out of $10 million. Another was a Taiwanese businessman who was secretly [...]

Central bankers have a favorite mantra: Patch the roof while the sun is shining. But 10 years after the Federal Reserve worked alongside the European Central Bank and the Bank [...]

Deutsche Bank began firing thousands of employees in Asia, Europe and the United States on Monday, moving quickly on at least one part of a strategy meant to arrest years [...]

FRANKFURT -- Deutsche Bank embarked Sunday on what may be its last chance to reverse a decade of decline, announcing that it would cut a fifth of its work force [...]

FRANKFURT -- Deutsche Bank said on Friday that the leader of its investment banking unit would resign, foreshadowing what are likely to be steep cuts in the bank's operations in [...]

SINTRA, Portugal -- Officially, the central bankers, economists and journalists converging on a golf resort outside Lisbon this week will be reflecting on the grand monetary experiment known as the [...]

FRANKFURT -- Deutsche Bank on Monday acknowledged a lapse in its money laundering controls, underlining the bank's continuing struggle to move beyond a series of scandals that have helped push [...]

FRANKFURT -- Deutsche Bank shareholders had plenty of reasons to be unhappy as they converged in a Frankfurt concert hall Thursday for the troubled lender's annual meeting. A record low [...]

AIRLINES American Cuts Extra FeesFor Some Large Items Effective immediately, American Airlines will no longer charge passengers $150 to check sports equipment like bicycles or surfboards, or musical instruments like [...]

FRANKFURT -- The authorities in Germany raided homes and banks around the country on Wednesday in a tax evasion investigation that originated with Deutsche Bank but has widened to involve [...]

FRANKFURT -- Deutsche Bank and Commerzbank abruptly called off their merger talks Thursday, saying they concluded that the perils of trying to forge a megabank with international clout outweighed the [...]

Byline: Jack Ewing and Melissa Eddy FRANKFURT - If the proposed merger between Deutsche Bank and Commerzbank were a film, it would already be racking up the rotten tomatoes. The [...]

FRANKFURT -- If the proposed merger between Deutsche Bank and Commerzbank were a film, it would already be racking up the rotten tomatoes. The powerful labor unions are against it. [...]

Byline: Jack Ewing FRANKFURT - Scandinavia has long had a reputation as one of the most progressive regions in the world, known for generous parental leaves, bicycle superhighways and Abba. [...]

FRANKFURT -- Scandinavia has long had a reputation as one of the most progressive regions in the world, known for generous parental leaves, bicycle superhighways and Abba. So it has [...]

FRANKFURT -- A money-laundering scandal that has upended the world of Scandinavian finance ensnared another executive on Friday, when the chairman of Swedbank, one of Sweden's largest lenders, resigned amid [...]

Deutsche Bank and Commerzbank, Germany's two largest lenders, said on Sunday that they had begun merger discussions, in what analysts see as a last-ditch effort to create a national champion [...]

FRANKFURT -- Deutsche Bank managers used to boast that theirs was one of the few global investment banks to survive the financial crisis without a government bailout. That was before [...]

FRANKFURT -- The United States assailed the European Union on Wednesday for adding American territories to its ''dirty money'' list, opening a new rift in a relationship that has grown [...]

FRANKFURT -- The European Central Bank took control of a troubled Italian bank Wednesday, an unprecedented step that spotlighted the risks to the eurozone's financial system from political chaos in [...]

Frankfurt -- One of the biggest money-printing programs of all time, a geyser of cash that may have prevented the collapse of the eurozone, will officially end in a few [...]

German law enforcement authorities targeted offices of the Deutsche Bank management board Friday as they spent a second day gathering evidence in an investigation into whether the bank helped clients [...]

Deutsche Bank's efforts to escape a history of scandal, wrongdoing and mismanagement suffered a serious setback Thursday after the German police raided its headquarters in Frankfurt as part of an [...]

FRANKFURT -- Ever since he was a 38-year-old Goldman Sachs executive helping to auction off bankrupt East German factories, Paul Achleitner has been known as a relentless modernizer shaking up [...]

Byline: JACK EWING FRANKFURT -- Ever since he was a 38-year-old Goldman Sachs executive helping to auction off bankrupt East German factories, Paul Achleitner has been known as a relentless [...]

Deutsche Bank said on Thursday that it would shrink its operations in the United States and Asia and focus on Europe, effectively abandoning its ambition to be a member of [...]

FRANKFURT -- The banking crisis that began in 2008 seems like ancient history in much of the world, but not at Deutsche Bank. Never-ending turmoil at the bank -- Germany's [...]

The world took a significant step toward averting future financial meltdowns Thursday, just as the United States under President Trump begins relaxing constraints on risky behavior by banks. A group [...]

FRANKFURT -- In November 1941, Karl Blessing, the executive in charge of the Nazi petroleum monopoly wrote a letter to a deputy of Adolf Hitler's chief architect. An apartment belonging [...]

SINTRA, Portugal -- The rise of robots has long been a topic for sci-fi best sellers and video games and, as of this week, a threat officially taken seriously by [...]

The sometimes creaky machinery of the European Union moved swiftly on Sunday to keep the struggles of two small Italian banks from undercutting confidence in the country's fragile banking system. [...]

The European Central Bank effectively euthanized two small Italian banks late Friday, in another sign that the eurozone financial system remains vulnerable even as the economy improves. The central bank [...]