Citi to pay allowance to compensate for limited bonuses

(Reuters) - Citigroup Inc (C.N) has told senior staff in Europe that they would receive fixed monthly pay in addition to their salaries in...

Britain’s Barclays to sell Spanish assets to Caixabank

MADRID (Reuters) - Barclays (BARC.L) is selling its Spanish retail and corporate banking operations to Caixabank (CABK.MC), the two companies said on Sunday, as...

Ann Taylor parent taps JPMorgan to weigh potential sale: sources

NEW YORK (Reuters) - Ann Inc ANN.N has hired JPMorgan Chase & Co (JPM.N) to explore strategic alternatives, including a potential sale of the...

Exclusive: U.S. options exchanges craft rules to fend off turmoil

NEW YORK (Reuters) - A year after Goldman Sachs (GS.N) bungled a software upgrade and lost tens of millions of dollars from unintended trades,...

BOC Aviation orders Boeing planes worth $8.8 billion

SINGAPORE (Reuters) - BOC Aviation, the leasing arm of Bank of China (601988.SS), has placed the biggest order in its 20-year history for 80...

Special Report: The billion-dollar fall of the house of Espirito Santo

LISBON (Reuters) - On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt...

HSBC is sued in U.S. for $250 million over alleged role...

NEW YORK (Reuters) - HSBC Holdings Plc was sued for $250 million on Friday for allegedly ignoring red flags that a colorful British entrepreneur,...

Goldman Sachs, U.S. agency in mortgage settlement worth $1.2 billion

(Reuters) - Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. regulator’s claims the bank sold Fannie...

Senator Graham sees bipartisan support for Saudi sanctions

WASHINGTON (Reuters) - Republican U.S. Senator Lindsey Graham, a Trump ally, said on Tuesday there is strong bipartisan support in Congress for serious sanctions...

‘Maybe I will go?’ Trump floats idea of attending correspondents’ dinner

(Reuters) - President Donald Trump said on Twitter on Tuesday that it was a “good first step of a dying evening and tradition” for...