Banks
Sabadell bid for TSB could be blocked by UK regulator - analysts
LONDON - Banco Sabadell's plans to buy TSB could be scuppered by Britain's financial services regulator, analysts said on Friday.
UBS revises profit down after settling lawsuit, ups CEO pay
ZURICH - UBS AG on Friday lowered its previously reported net profit for 2014 after reaching a $135 million (91.7 million pounds) settlement of litigation in which investors accused Switzerland's largest bank of colluding with rivals to rig the foreign exchange market.
French prosecutor seeks trial in HSBC Swiss bank tax-dodging case
PARIS - The French financial prosecutor's office has requested that HSBC's Swiss private bank be put on trial in France to answer charges over a suspected tax-dodging scheme for wealthy customers, a judicial source said on Friday.
Tax probe and weak capital position temper Commerzbank's U.S. relief
FRANKFURT - A tax probe and weak capital position are likely to limit gains in Commerzbank shares and prevent the German government from selling its stake anytime soon, despite relief the bank has settled an investigation by U.S. authorities. | Video
UniCredit in 'constant talks' with U.S. authorities over Iran probe - CEO
CERNOBBIO, Italy - UniCredit is in discussions with U.S. authorities investigating the Italian bank for possible violations of sanctions on Iran, its chief said after news Commerzbank had agreed to a settlement in a related probe.
Commerzbank to pay $1.45 billion to resolve probes on Iran, Olympus
WASHINGTON - Commerzbank AG has agreed to pay U.S. authorities $1.45 billion to resolve sanctions and other violations, the latest big European bank to acknowledge moving funds through the U.S. financial system for countries like Iran and Sudan.
TSB shares soar as Spain's Sabadell proposes $2.6 billion bid
LONDON/MADRID - British bank TSB has received a takeover approach from Banco Sabadell , valuing the business at about $2.6 billion and sending its shares soaring by nearly a quarter.
SocGen seen as frontrunner to buy Polish Alior - sources
WARSAW - France's second-largest bank Societe Generale is the frontrunner in the race to buy the largest single stake in Polish medium-sized lender Alior-Bank, two sources familiar with the transaction said.
Exclusive: Former risk chief warned Deutsche Bank on stress test, emails show
NEW YORK - In the weeks leading up to the U.S. Federal Reserve's annual stress test of major banks, a former risk executive of Deutsche Bank AG repeatedly warned senior managers of the German bank's U.S. unit that they were painting a far too rosy picture of the bank's health.
New Credit Suisse boss faces stiff challenge in Asia
HONG KONG/LONDON - Incoming Credit Suisse boss Tidjane Thiam is expected to focus on private banking in Asia while aggressively cutting jobs at its investment bank, as he aims to repeat the success in the region of his old employer, Prudential .
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