The net income of American Express Co. has been raised by 33% in the first quarter ended in March, and the spending has been recorded to be increased by almost 17%.

Bank of America Corp. (BAC) has announced that Gary Lynch will be working with as Global Chief of Legal, Compliance and Regulatory relations.

One of the leading international banks, Barclays is most likely to be affected by the Independent Commission on Banking's (ICB) interim report.

The expectation of the increment in the rate of interest by the European Central Bank had caused major problems for the stock traders.

Portugal raised $1.4 billion which is about euro 1 billion in a T-bills (Treasury bill) sale on Wednesday.

Bank of England released figures highlighted that the £24bn mortgage paid by homeowners last year is much more than that have been paid in any other single year since 1970, out of which £7bn has been

Classified emails that supposedly show evidence of fraud by Bank of America are starting to resurface after they were deleting from online file-sharing websites.

A positive news is awaiting banking sector executives. Confirming their recovery from downturn, Bank of Montreal and Bank of Nova Scotia have announced a raise in pay of their top executives.