Sterling yesterday rose to its highest point since September as weak inflation data in the US weighed on the dollar, while traders are increasingly betting on higher

JP Morgan Chase is in talks to buy a Dublin office building as the bank considers expanding in the capital as one of its options for when Britain leaves the EU, according to sources.

The British government said yesterday it has further reduced its stake in Lloyds Banking Group, a day after the bank posted its highest profit since before the 2007 to 2009 global financial crisis.

Dell increased the amount of debt it will raise in the investment-grade bond market after the computer maker received over $80bn (€70.7bn) of orders from investors.

Goldman Sachs is betting “Mr Market” is wrong in its recession warnings. While sliding stocks, declining long-term bond rates and higher credit yields are sounding the alert, the New York-based bank’s economics team, led by Jan Hatziusis, is more confident about the outlook for the developed world.

Divided global bank regulators are preparing for a showdown on rules intended to make sure taxpayers will not be on the hook when one of the world’s biggest lenders fails.

Fresh charges in the UK Libor rigging probe may target traders linked to the benchmark’s euro counterpart, with prosecutors focusing efforts on that strand of the probe in recent weeks.

Citigroup is sounding the alarm bells for the world economy. In a new analysis, the New York-based bank’s chief economist, Willem Buiter, said there is a 55% chance of some form of global recession in the next couple of years, most likely one of moderate depth and length.

HSBC set aside £236m to settle a probe into foreign exchange market rigging today – taking the bill for the scandal for British banks to more than £1.1bn.

US investment bank JP Morgan Chase has been fined US $920m (€688m) by regulators for “serious failings” over the London Whale trading scandal.

The boards of Verizon Communications and Vodafone were expected to vote this weekend on a $130 billion (€98bn) deal, funded by about $65bn (€49bn) of debt, to give the US telecom giant complete ownership of Verizon Wireless.

Barclays finance director Chris Lucas is stepping down at the end of this week after bringing forward his departure from the bank by six months due to ill health.

US banking giant JP Morgan Chase is planning to axe up to 19,000 jobs by the end of 2014.

Barclays’ staff were today told to sign up to an ethical code of conduct or quit, as part of the British bank’s crusade to repair its battered reputation.

Bourses across Europe continued to tread water or ease back off the gains made earlier in the new year.

US banking giant JP Morgan Chase said it believed the housing market had “turned the corner” as a sharp rebound in mortgage refinancing helped third quarter profits soar by a third to US$5.7bn (€4.42bn).

The losses racked up by disastrous trades at the London office of America’s biggest bank have more than doubled to £2.8bn (€3.5bn), it emerged today.

The CEO of JP Morgan Chase will face shareholders today in the wake of a trading blunder that cost them $2bn.

JP Morgan Chase chief investment officer Ina Drew, one of the highest-placed women on Wall St, is to retire in the wake of the bank's $2bn (€1.5bn) trading blunder, it has been announced.

US banking giant JP Morgan Chase saw its first-quarter profits drop 3% to $5.4bn (€4.1bn).

All but four of 19 major US banks got a green light from the Federal Reserve, after being declared strong enough to survive a downturn worse than the Great Recession.

US bank JP Morgan Chase today revealed a higher bill for staff pay and bonuses in 2011 of $29bn despite a turbulent finish to the year.

Hundreds of anti-Wall Street protesters held a “Millionaires March” past the homes of some of the wealthiest executives in America, stopping to jeer “Tax the rich!” and “Where’s my bailout?”

THE Occupy Wall Street movement in the US has been heating up again — resulting in about 50 arrests in Boston and plans for a Manhattan “Millionaires March” to the homes of some of New York city’s wealthiest residents.

The US government has begun legal action against 17 financial firms, including the country’s largest banks, for selling billions worth of mortgage-backed securities that turned toxic when the housing market collapsed.

Inflation in the UK is expected to have remained at more than twice the Bank of England's target when official figures are published today.

FACEBOOK is reportedly set to go public as early as the first quarter of next year, at a valuation that could top $100 billion (€69bn).

American bank JP Morgan Chase has announced a 47% increase in earnings for the fourth quarter of 2010 as compared to the same period a year earlier.

Britain's banks will pay an extra £2.5bn (€2.81bn) in tax a year by 2012 under draft legislation published today in a British government move to repair some of the damage caused by their role in the financial crisis.

London’s blue chip share index closed deep in the red for a third straight session today after disappointing bank earnings on Wall Street sparked a late sell-off.

Stock markets worldwide moved higher today after earnings cheer from US bank JP Morgan Chase confirmed a buoyant start to America's results season.

Bonuses and bad debts remained in the spotlight today as more US banking giants revealed how they fared in the year after the Lehman Brothers collapse.

British Chancellor Alistair Darling today ruled out imposing a US-style levy on British banks propped up by the taxpayer despite anger among many Labour MPs at the return of huge City bonuses.

London's FTSE 100 Index slid into the red today as jitters over the US economy overshadowed bumper profits at JP Morgan Chase.

US banking giant JP Morgan Chase kicked off a bumper results season for Wall Street titans today after more than doubling profits in 2009.

US banking giant JP Morgan Chase kicked off a bumper results season for Wall Street titans today after more than doubling profits in 2009.

Next and Home Retail Group saw further share falls today, but the wider market trod water ahead of results from US bank JP Morgan Chase.

US giant JP Morgan Chase is set to unveil a multibillion dollar bonus pot when it kicks off the results season for Wall Street banks today.

Bank of America reported a third-quarter loss today of more than US$2bn (€1.34bn) in a sign that the sector has yet to put the crisis firmly behind it.

London's leading blue chip share index held firm at its 13-month high today in calmer trading following yesterday's 2% surge.

US investment banking giant JP Morgan Chase kicked off the third-quarter bank reporting season today with a bigger-than-expected surge in profits.

DUBLIN’S ISEQ index of shares fell by nearly 4% to, just over 2,703 points yesterday – with each of the banks taking significant tumbles – but the country’s three main financial stocks are being tipped for further gains mainly on the back of the proposed new National Asset Management Agency (NAMA) putting a more healthy gloss on them.

There are encouraging signs the worst of the recession in Britain might be over, a leading economist said.