Banking chiefs have been accused of bringing the economy to the edge of collapse through their excessive greed . The top executives of five banking giants were paid more than £50million in five years.

Banking chiefs have been accused of bringing the economy to the edge of collapse through their excessive greed . The top executives of five banking giants were paid more than £50million in five years.

US banking regulators need a "dramatic overhaul", according to Harvey Pitt who used to run one of them.

Gordon Brown says he believes confidence in the banking system will be restored by global action "in the next few days".

If Dreamworks Chief Executive Jeffrey Katzenberg is right, you'll soon be out shopping for the latest in designer glasses. 3D glasses that is.

The banking giant Citigroup announced that it would cut 50,000 jobs in the coming quarters, largely by selling assets.

UAE: Banking giant launches football investment fund (06/11/2008 - 14:49:32)

The Bush administration plans to greatly expand protections for the U.S. banking system out of deep concern for the faltering economy, an industry official said Monday night after banking executives and top federal officials met to revamp the...

The banking giant announced Monday that it would cut another 24,000 jobs, bringing its total reductions in the coming months to 52,000.

American Express is not likely to get heavy into the banking business like rival Capital One Financial, analysts say.

LONDON/WASHINGTON (Reuters) - The International Monetary Fund said on Tuesday that more countries were seeking its help coping with the economic crisis every day, while banking and auto industry woes reverberated around the globe.

NEW YORK (Reuters) - Citigroup Inc faced a crisis of confidence on Wednesday as investors questioned the survival prospects of the U.S. banking giant, and its shares tumbled 23 percent to a 13-year low.

IT: IBM, memory stick USB con display per la sicurezza nell on line banking (03/11/2008 - 17:55:27)

The International Monetary Fund approves a $2.1bn (£1.4bn) loan for Iceland, after its banking system collapsed in October.

WASHINGTON (Reuters) - The U.S. Treasury defended its handling of the financial bailout on Tuesday as American banking and auto woes reverberated around the globe and the International Monetary Fund said it would need extra funding to help countries through the downturn.

Citigroup Inc. is cutting approximately 53,000 more jobs in the coming quarters as the banking giant struggles to steady itself after suffering massive losses from deteriorating debt. The plans, posted on the company s Web site, are being...

Banking giant Citigroup today said it planned to shed 53,000 jobs with losses falling particularly heavily in London and New York.

JPMorgan stands alone as the trendsetting bank capable of profiting from others misfortunes.