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Europe's biggest bank says full year profits fell 6 percent to $20.6bn after it set aside $1.4bn in UK PPI costs and paid $1.9bn in money laundering fines.
IBTimes TV's daily 'Market Briefing' report with European Business Editor Martin Baccardax
What you think you know about the "bonus culture" is probably wrong. And so is the EU's attempt to control it.
State-controlled lender earmarks £3.75bn to repay customers mis-sold payment protection insurance.
British taxpayers would be much better off taking a multi-year view of their 82 percent stake now that the banking game has changed so much.
IBTimes TV's daily 'Market Briefing' report with European Business Editor Martin Baccardax
State-owned lender sees operating improvements and fewer charges for bad loans but sets aside £1bn for PPI and derivatives mis-selling.
UK's biggest commercial broadcaster will pay £156m to shareholders in move that may keep private equity buyers at bay.
Stock markets suffer triple-digit declines and bond yields spike higher as investors fear Italian political crisis may have an impact on fragile eurozone recovery.
Centre-left coalition may win lower house but polls indicate possibility of hung parliament with Berlusconi victory in key region of Lombardy.
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