Global banking giants make a nice return by capturing their share of the trillions of dollars that course through financial markets each day. But few are as reliant on this business as Deutsche Bank.
Europe's banks are fast being enveloped by a perfect storm of negatives, and this time around, it is substantially the policymakers and law enforcers who are to blame.
Six current and former managers of Deutsche Bank AG - including ex-asset and wealth management head Michele Faissola - along with former executives at Nomura Holdings Inc. and Banca Monte dei Paschi di Siena SpA were charged in Milan for colluding to falsify the accounts of Italy's third-biggest bank and manipulate the market.
The media landscape in the next decade will involve Facebook becoming a real news provider,says CNN anchor and correspondent Hala Gorani.
Hong Kong chief executive Leung Chun-ying has threatened to sue a popular local newspaper over "vicious and malicious" accusations of corruption.
Even before the opening bell in New York, Thursday looked like a grim day for some of the giants of global banking. But few expected the barrage of bad news that was about to hit.
As China's economy slows, so too has its workers' appetite for instant noodles.
Takahiro Kusakari went from being a self-described bum getting by on bit-part acting roles in Tokyo to calling the shots at Japan's biggest independent investment fund.
Wells Fargo's move to strip its CEO of shares and salary has made bankers fearful the hardening push against corporate wrongdoing will encourage boards to be more aggressive about their pay.
When I first heard Elon Musk had asked his audience if they were willing to die in a great endeavour, I assumed he was speaking to shareholders.
Samsung's disastrous launch of its latest smartphone is a symptom the family controlled company's structure, according to a leading figuring in South Korea's start-up scene.
US Republican presidential nominee Donald Trump's estimated net worth is $US3.7 billion, $US800 million less than a year ago, Forbes magazine reported on Wednesday, attributing the loss largely to New York's softening real estate market.
Wells Fargo chief John Stumpf, fighting to keep his job amid outrage over Wall Street's latest bank scandal, will forgo shares and salary after the company opened legions of bogus accounts.
SpaceX is developing an interplanetary rocket and capsule to transport large numbers of people and cargo to Mars with the ultimate goal of colonising the planet, company chief and tech billionaire Elon Musk said.
The trade body has slashed its prediction by one-third.
Under-performing social media giant is in talks about a sale.
The idea that the world is awash in savings and we're wealthier than ever is, on the surface, a persuasive one. Too bad it may not be true.
Airbnb has raised at least $US555 million in new funds, valuing the company at some $US30 billion.
Is the social media giant doing enough to deter terrorists from using its platform? A US judge has lashed out at Facebook for failing in its moral obligation to combat terrorism.
The popularity of the game that puts digital creatures into private homes, shops, parks and museums has fuelled debate on land rights, the legal boundaries of private property, and what constitutes trespass.
Volkswagen investors are demanding $12 billion in damages relating to the German carmaker's emissions scandal.
Seems Chinese tourists are packing more than just sunscreen and cameras as they squirrel money offshore. It's bad news for the global economy.
The billionaire couple have vowed to spend up to reach a lofty goal: to cure, manage or eradicate all disease by the end of the century.
He made more than $US19 million last year, more than any other US banker. But when it came to taking someone to account for his bank's illicit practices, workers earning $US12 an hour took the fall.
The investor group seeking funds to buy former Italian premier Silvio Berlusconi's soccer club provided a false bank report during its initial deal negotiations, according to the lender whose name was on the documents.
The billionaire founder of China's e-commerce giant Alibaba is now becoming a force in banking too, with his financial firm estimated to be worth $US75 billion.
George Soros, one of the world's richest men, has promised to invest as much as $US500 million in startups and businesses to help refugees and migrants globally.
Microsoft raised its quarterly dividend 8 per cent and said it will buy back up to $US40 billion of its shares.
Many executives are critical, even derogatory, about Donald Trump in private, but loath to go public. Asked why, the answer is almost universal: fear.
Indonesia plans to pursue Google for five years of back taxes, and the search giant could face a bill of more than $US400 million for 2015 alone.
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