European Union fines five banks $1.2B for exchange trading "cartels"

Two thirds of smaller banks typically have only men as executive directors, while lenders with men and women in top roles were likely to be more profitable, the European Union's banking watchdog said on Monday......»»

Britain set out the type of deal it wants with the European Union on Monday, defining post-Brexit relations between the world's fifth largest economy and its biggest trading partner......»»

The UK is set to leave the European Union at 11:00 p.m. London time this evening. Sterling is trading slightly higher at $1.31 against the greenback. However, analysts say this could also be due to the Bank of England's decision.....»»

More than a thousand banks, asset managers, payments companies and insurers in the European Union plan to open offices in post-Brexit Britain so they can continue serving UK clients, regulatory consultancy Bovill said on Monday......»»

The London Stock Exchange Group will file its $27 billion merger deal with financial data provider Refinitiv with the European Union antitrust authorities in the coming weeks, the Financial Times 0.....»»

European stocks and U.S. stock futures both rallied Thursday in the first trading day of 2020. The Stoxx Europe 600 gained 0.9% in early action -- with banks, oil.....»»

World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the British pound was heading toward its worst week for more than two years amid renewed worries over how Britain will leave the European Union......»»

World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the British pound was heading towards its worst week for more than two years amid renewed worries over how Britain will leave the European Union......»»

European Union Ambassador Gordon Sondland testifies that there was a “quid pro quo” tying U.S. aid to Ukraine in exchange for a promise to investigate the role of political rival Joe Biden and Democrats in the 2016 presidential election......»»

The European Union's largest states are pushing for the establishment of a new supervisory authority that would take over from states the oversight of money laundering at financial firms, after a series of scandals at the bloc's banks......»»

Macquarie Group's sudden exit from European and U.S. equity trading may just be the start of a large-scale retreat from the once-thriving business, as all but the biggest global banks struggle to make it pay......»»

Last week, U.S. Ambassador to the European Union Gordon Sondland testified that President Donald Trump had said he wanted nothing from Ukraine and that there was "no quid pro quo" expected in exchange for military aid to the country. Today, William B. .....»»

The British government is getting U.K. businesses ready for Brexit. That means preparing for a potential “no-deal” departure where Britain would lose frictionless, duty-free access to the European Union, the world’s largest trading bloc. If tha.....»»

Shares markets lost some steam in Asian trading on Wednesday while sterling came off five-month highs as investors remained uncertain whether crunch talks in Brussels would lead to a deal to avoid a disorderly British exit from the European Union......»»

Optimism that U.K. and European leaders can reach an agreed deal for Britain to leave the European Union pushed the British pound higher for a second day......»»

The U.S. Securities and Exchange Commission said on Thursday it fined and settled charges against a Texas-based cryptocurrency firm and its founders for wrongfully issuing digital offerings and for using an unregistered online trading platform......»»

The U.S. Securities and Exchange Commission (SEC) could extend a 30-month grace period granted to Wall Street firms to comply with European Union investment rules to unbundle research and other services, commissioner Hester Peirce said on Wednesday......»»

Expectations of policy easing by major central banks such as the Federal Reserve propped up global stocks on Tuesday, while the pound sagged as Britain braced for a new prime minister who could pave the way for a no-deal exit from the European Union......»»

The Korea Exchange (KRX) said on Tuesday it has imposed a 175 million won ($148,655) fine on Bank of America Merrill Lynch's South Korean unit for irregular trading activities......»»

On CNBC’s "Trading Nation" on Monday, Boris Schlossberg of BK Asset Management says if he's going to invest in European banks amid Deutsche Bank AG (NYSE: DB) struggles, UBS read more.....»»