Financial services reform in the US includes a ban on punitive charges for credit card infractions.
The Cuban government has begun releasing jailed dissidents in a political concession brokered by the Catholic Church.
Barack Obama has warned that BP will ‘pay’ for the environmental damage caused by the oil slick in the Gulf of Mexico.
The bank gave credit agencies a false picture of its value ahead of the sale, writes Andrew Clark
After a catastrophic year for US carmakers, the head of the United Auto Workers union has emerged as one of the most powerful men in the industry.
The heads of leading banks in the US were summoned to the White House this week for a "frank and candid" discussion with President Barack Obama.
Wall Street bank has recovered from the credit crunch and may pay bonuses of $900 000 this year, reports Andrew Clark.
They seem, at first blush, the model of a prosperous immigrant couple. A handsome pair, "Serge and Elina" from New Jersey sashayed across a stage.
The subject of the greatest popular vitriol is Madoff’s wife, Ruth, who still lives in the couple’s $7-million penthouse on New York’s Upper East Side
Nobody in the business world has emerged unscathed from the financial carnage wreaked by the global recession.
The rump of Conrad Black’s former newspaper empire, Sun-Times Media, filed for bankruptcy protection recently.
Property markets on both sides of the Atlantic have plunged, but nowhere has the collapse been more spectacular than in Detroit.
The world’s largest insurance company spent $440 000 on a corporate retreat days after accepting a $85-billion emergency government loan.
An official "watch list" of potentially troubled US banks has lengthened from 90 to 117 as the credit crunch wreaks havoc.
An emergency plan by the US government to stabilise the nation’s two biggest mortgage finance corporations won cross-party support last week.
