Royal Bank of Scotland has been fined $100m (£61m) by US regulators for violating US sanctions against Iran, Sudan, Burma, and Cuba.
Former BBC economics editor and now J.P. Morgan Asset Management's chief market strategist for the UK and Europe Stephanie Flanders give her run down of what investors can expect in the year ahead.
US futures firm MF Global Holding has been ordered to pay $1.2bn (£740m) in restitution to its customers over its collapse.
A group of investors is preparing to pursue self-invested personal pension (SIPP) provider Stadia Trustees for hundreds of thousands of pounds via the Financial Ombudsman Service (FOS) for what it claims was its failure to carry out proper due diligence...
Growth in the US will be 3% next year, predicts UBS chief investment officer Bill O'Neill, the best rate of expansion for the country since the 2008 financial crisis.
JP Morgan has agreed to pay $5.1bn (£3.2bn) to resolve claims it misled mortgage lenders before the housing crash.
The US Congress has passed a bill to reopen the government and raise the federal debt limit, with just hours to spare before the nation risked default.
Fitch has become the first ratings agency to threaten a US credit ratings downgrade over the latest debt ceiling impasse.