WASHINGTON — The Justice Department says an international investment bank will pay more than $1.5 billion in penalties in three nations to resolve charges of trying to manipulate an interest rate used as a benchmark in global banking transactions. Attorney ...

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MIAMI — A former banker at Switzerland’s UBS AG has been sentenced to five years’ probation and no jail time for tax fraud because of his assistance in uncovering other tax evasion cases. A federal judge in Miami agreed Friday ...

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DES MOINES, Iowa — Wells Fargo & Co. said Tuesday it has agreed to pay at least $37 million in a lawsuit which alleges several banks rigged bidding competitions to win business from state and local governments. Banks help municipalities ...

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NEW YORK — Goldman Sachs Group Inc. reported a third-quarter loss of $428 million Tuesday as revenue from underwriting stocks and bonds plunged. It was only the second quarterly loss for the investment bank since it went public 12 years ...

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LONDON — British banking group HSBC said Monday it will cut 30,000 jobs worldwide by 2013 and sell almost half its retail bank branches in the U.S., part of a new strategy to focus on fast-growing emerging markets. The bank, ...

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WASHINGTON — Big Swiss bank UBS AG has agreed to pay $160 million to resolve allegations of rigging the bidding process to win investment business from cities and towns in 36 states. Federal and state officials announced the settlements Wednesday. ...

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GENEVA — Good news for Swiss bankers: They may soon be allowed to wear red underwear, black nail polish — and even eat garlic. Swiss banking giant UBS AG said Monday it is revising its 44-page dress code telling its ...

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