ECONOMY & MARKETS

The bank's chief financial officer, who led most of the cost-cutting measures, is reportedly due to receive a hefty bonus.

Citigroup is one of six major banks that are expected to settle with Britain's Financial Conduct Authority by mid-November.

Rival Barclays said on Thursday that it had set aside $800 million. JP Morgan, UBS and Citi have also set aside large sums.

The jolt from the BOJ came as the government signaled its readiness to ramp up spending to boost the economy.

The three parties have reportedly agreed on a deal to resume Russian gas supplies to Ukraine.

Cannibal subplots can't keep audiences or advertisers away from AMC's "Walking Dead."

As quantitative easing comes to an end, many economists fear the U.S. economy hasn't returned to full strength — and may not be able to.

Samsung's woes in India won't abate unless the mobile phone giant can deliver a sophisticated smartphone at a price rivaling Xiaomi.

The report caps the U.S. economy's strongest six-month growth in more than a decade.

A new survey released Thursday reveals that merger-and-acquisition activity is regaining precrisis health, striking a significant comeback.

Some critics of Russia question whether its motivation is financial or whether prolonging the wrangling suits Moscow's diplomatic agenda.

It is one of six banks that are in talks with UK regulators about a coordinated settlement over alleged manipulation of foreign exchange markets.

Many factors contributed to the economic recovery, and the Fed's intervention is only one.

Global warming and an indebted national flood insurance program are driving up rates for some of NYC's poorest homeowners.

The $3 billion industry is only growing, despite American and Afghan efforts to put a stop to it.

The Fed ended its unprecedented asset-purchasing program that has poured more than $4 trillion into the economy.

Higher milk and cocoa prices dragged down the candy maker's third-quarter earnings.

Investors are finding India's consumer-driven Internet startup scene increasingly attractive, pumping in money and boosting valuations.

Hong Kong could lose some of its financial power if the monthlong Occupy Central protests continue, a top banker said.

Of the $15.2 billion in federal aid allocated to help homeowners rebuild, only $1.7 billion has be paid out. What's the hold up?

Two years on, many low- and middle-income Sandy victims in New Jersey are still waiting to return home as their neighborhoods change.

Climate scientists praise New York's short-term restoration efforts but wonder if the Big Apple is adequately prepared for the coming decades.

It is estimated that Indians hold as much as $500 billion in illegal funds in overseas tax havens, including in Switzerland and Mauritius.

The Fed’s statement will be read for signs of how inflation, growth and financial market volatility have influenced U.S. policymakers.

The ECB said in its latest quarterly Bank Lending Survey that banks are expected to ease credit standards further in the final quarter.

At issue is how private equity firms report how they calculate average net returns in past funds in their marketing materials.

After 30 years of breakneck economic expansion, China wants to retool its economy to generate slower but better-quality growth.

The survey also showed that concerns about the economy and job prospects had been replaced by worries about war and terrorism.

“The economy is growing consistently and at a faster pace than it was prior to QE3.”