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Warren Buffett and Bank of America CEO Brian Moynihan renegotiated the details on the legendary investor's $5 billion investment in the bank.

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Unlike competitor Standard Life, the insurer maintains its annual bonus rates despite strong fund growth of 9.1% in 2013
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Deutsche Bank, Germany's largest lender, is considering possibly replacing co-chief executive Anshu Jain if he is implicated in an ongoing probe into currency manipulation, according to a magazine report Wednesday.

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What are the tax implications and practical steps involved in closing the trust and transferring the holdings into their sole name?
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Hu Shuli says regulators need to spell out ways to moderate the dangers as bailout does nothing to address the problem of moral hazard Hu Shuli is editor-in-chief of Caixin Media Company, editor-in-chief of the weekly magazine Century Weekly, executive editor-in-chief of the monthly journal China Reform and dean of the School of Communication and ... (more)

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The UK and Iceland have been locked in a bitter dispute over who should foot the £4.5bn bill for compensating British savers with money in Icesave
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The European Central Bank has stopped offering liquidity to some Greek banks it does not consider solvent, and international concern about the euro zone rose as Athens called new elections that look set to be won by parties opposing austerity measures.

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Nov. 9 -- Bloomberg's Sara Eisen reports on the outlook for the euro. A decade after the euro replaced the deutsche mark, Germany's export-driven recovery is undermining European Central Bank President Jean-Claude Trichet's efforts to slow the currency's record rise.
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ASB performed well in the first quarter but operating conditions remain difficult in New Zealand, parent Commonwealth Bank of Australia said today.
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More than 100,000 shareholders with Santander, the Spanish bank that owns Abbey and Alliance & Leicester, are receiving a tax boost to their latest dividends by taking the distribution in new shares rather than cash
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