The US Federal Deposit Insurance Corporation (FDIC) has sued 16 banks for allegedly manipulating the London interbank offered rate (LIBOR).…
Royal Bank of Scotland (RBS) is expected to be fined a total of about £400 million ($625 million) by UK…
Credit ratings agency Moody's has decided to downgrade 15 global banks and financial institutions. In the US, Bank of America…
A new technology that will enable people to withdraw money from cash machines (ATM’s) using their smartphone has been unveiled.…