Morgan Stanley maintained an overweight rating on Maruti Suzuki post December quarter results with a target of Rs 10,483.

In a Thursday filing in Manhattan federal court, lawyers for the bank and the lenders said they have been discussing a "consensual resoluti...

The cosmetic giant filed for Chapter 11 bankruptcy protection recently.

The Fed’s system has suffered problems before. In 2019, the FedWire interbank funds transfer service went down for about three hours. The F...

The case centers on payments totaling some $500 million Citigroup sent in August 2020 to 10 financial companies who were parties to a term ...

At the heart of the breakdown was a system known inside the bank as the “six eyes” approval process. Under the six-eyes protocol, three peo...

Unless there’s a last-minute settlement, the trial -- over one of the biggest banking errors in recent memory -- will be closely watched on...

The hefty penalty follows renewed public and regulatory scrutiny of Citi's operations after an "error" led the bank to mistakenly send Revl...

The bank — which said it has been in the process of upgrading its loan operations platform after a review it undertook last year — said it ...

The "clerical error" has plunged the bank into a battle between the Perelman empire and a corps of sharp-edged investment funds that have b...

Citigroup Inc was fined £44 million ($57 million) by the Bank of England for years of inaccurate reporting to regulators about the lender’s...

Industry trading losses from Nasdaq OMX Group’s mishandling of Facebook’s initial public offering may be close to $200 mn.

HSBC is accused of quickening the fall of Lehman Brothers by demanding billions of pounds in collateral days before its collapse. Full Cove...

JPMorgan & Citigroup demanded more collateral & changed guarantee agreements, a report on bankruptcy said. Top 10 US bankruptcies I Where h...

Citigroup initiates coverage of Sunteck Realty with a `Sell’ rating and a target price of Rs 490.

In troubled times, every rupee counts. Faced with shrinking fund management fees because of the comatose stock markets, mutual fund houses ...

CrediT Suisse has written $2.85 billion off the value of its asset-backed investments and found mismarking and pricing errors on its books,...