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By Elaine Yu and Matthew Thomas Citigroup is in talks to sell its retail-wealth business in China to British rival HSBC, according to a person familiar with...
By Paul Vieira OTTAWA--Canada's antitrust watchdog said Royal Bank of Canada's proposed $10.1 billion deal for HSBC Holdings' Canadian unit is unlikely to...
Corrections & Amplifications This headline was corrected at 0445 GMT. The earlier version incorrectly said the company's year-earlier profit in the first...
UBS will also set aside $4 billion for legal expenses from the deal.
With the exception of Credit Suisse, there have been no failures in Europe. And with interest rates rising and tight regulation, investors have been drawn to banks like ING, BBVA, and Lloyds. A note of caution: Recession may ruin the party.