Germany's prestigious No. 2 bank is facing extreme crisis and is not expecting any recovery from the same as European market is weakening.

Royal Bank of Scotland has set aside additional 400 million pounds for the PPI claims.

A recent announcement made by the Lloyds Banking Group regarding compensation to clients by an additional £1 billion has taken its total compensation provisions above £5 billion, as per revelations of

On Tuesday, there was a general rise in yen, following financial lessening steps from Bank of Japan, which dissatisfied a few of the investors, who were looking forward for a violent rise in asset acq

On Wednesday, global share market witnessed a hike but the Japan’s currency failed to encourage the investors as it fell down one-month low.

Following the announcement by the government that overseas retailers can invest in the Asia’s third-largest economy India, the rupee went up to a four-month high, a report has unveiled recently.

Sothwark Crown Court has heard this morning that Kweku Adoboli, 32, had committed fraud of some £2.8billion just seeking a boost in his ego and bonuses, according to the revelations by a recent report

It has been recently revealed in a report that Britain shall soon have to sell off the stakes of Royal Bank of Scotland as well as the Lloyd’s Bank.