A Moscow banker who was charged with hiring gunmen to kill the government official who was regulating his bank was sentenced to 19 years in prison.

A senior Swiss executive at UBS was indicted in the Justice Department’s widening criminal investigation of the bank and its offshore private-banking services for wealthy American clients.

A senior Swiss executive at UBS was indicted in the Justice Department’s widening criminal investigation of the bank and its offshore private-banking services for wealthy American clients.

Having been brought low by their dealings in obscure securities, bankers are reluctant to start lending again until the impact of the recession becomes clearer.

Lebanon, chronically battered by war, turns out to have a banking sector that has so far been a beacon of stability and growth.

While their savings and retirements have been less exposed to stock market woes, history has taught Europeans that situations can go from bad to worse in no time.

Major oil-producing countries had seemed to be insulated from the crisis shaking the foundations of the international financial system.

Groupe Caisse d’Épargne said that it had incurred the losses as a result of unauthorized derivatives trading by a team on the bank’s own account.

Groupe Caisse d’Épargne said that it had incurred the losses as a result of unauthorized derivatives trading by a team on the bank’s own account.

Hong Kong’s financial regulators announced on Tuesday that they would provide government backing for all of the territory’s $773 billion in bank deposits through 2010.