Bloomberg China’s third-largest lender tried to obscure the trail of dollar transactions by Russian, Chinese and Middle Eastern clients and attempted to silence a compliance officer who raised alarms about it, according to New York’s banking regulator. State-controlled Agricultural Bank of China was ordered to pay a $215 million penalty and install an independent monitor for 18 months to ...

  Bloomberg ING Group NV, the largest Dutch lender, climbed the most in three months in Amsterdam trading after third-quarter profit beat estimates. ING jumped as much as 4.2 percent in Amsterdam trading, the biggest gain since Aug. 3, and was priced at 12.02 euros as of 9:44 a.m. Net income rose 22 percent in the quarter as investment gains ...

  Paris/ AFP French bank Societe Generale served investors a pleasant surprise with third-quarter results, sending its shares soaring. Although falling by 2.4 percent to 1.1 billion euros ($1.2 billion), net profit still came in well above analysts’ forecasts of 888 million euros according to Factset, a data provider. Shares in Societe Generale, France’s third largest bank after BNP Paribas ...