The era of zero interest-rate policy is back, after the Swiss National Bank on Thursday lowered interest rates to zero. The quarter-point reduction was in line with market expectations and comes as ...

Switzerland's central bank cut interest rates to zero as it hopes to rein in the rapidly appreciating franc, which has acted as a safe haven for investors given raised concerns over U.S. trade policy ...

Vodafone Group appointed Pilar Lopez as its next chief financial officer, putting a Microsoft executive with a telecommunications background in charge of the company's finances as it seeks to rein in ...

In the U.S. markets were closed. In Europe, the Stoxx Europe 600 declined 0.5% in morning trading. Stora Enso R climbed 14.4% and Saab Series B rose 4.4%. On the other hand, Adecco Group slipped 3.9%, ...

Asian and European stocks fell on Thursday, and oil futures rose, on a report that suggested a U.S. military strike against Iran could happen this weekend. Bloomberg News said that some senior U.S.

-- NatWest has decided not to pursue a deal for Sabadell's British subsidiary TSB and isn't actively bidding for it, the Financial Times reports, citing unnamed sources. -- Barclays and Santander are ...

ABN Amro said it agreed to pay a 15 million-euro ($17.2 million) fine to the Dutch Central Bank for violating a ban on bonuses that was put in place after the global financial crisis.

The Philippine central bank delivered a widely expected interest rate cut to support the economy as inflation cools. Bangko Sentral ng Pilipinas cut its benchmark overnight reverse repurchase rate by ...

-- Barclays and Santander are potentially interested in buying Sabadell's U.K. unit TSB, Bloomberg reports, citing unnamed sources. -- Both banks are in early stages of exploring separate bids and ...

Investors were weighing concerns about inflation in the U.S. and a potential escalation in Middle East tensions. Fed Chair Jerome Powell is engaged in a balancing act: projecting confidence while ...

The company agreed to pay $138.75 million to resolve a class-action lawsuit that alleged the company concealed problems during the expansion of a giant copper mine in Mongolia. A new round of ...

Under the proposed changes, some of which have yet to go through parliament, UBS will be required to hold around $26 billion in additional equity capital and fully back its foreign subsidiaries by ...