Smart phones have made life so much more convenient for everyone — well, apart from compliance sheriffs and record keepers at global banks. HSBC Holdings Plc alerted investors that it was being investigated in the US for its bankers’ use of WhatsApp and other personal messaging services for business purposes. It put the news in a single line in its ...

  The reputation of Swiss banking has taken a battering for years and the hits keep coming. The latest slew of stories about Credit Suisse Group AG’s links with unsavory clients highlights again the very long tail on what the bank says are entirely historic issues. Cleaning up Swiss banks’ client base and the industry’s standing in the world is ...

  Only a few days ago, European officials were feeling pretty good about their united position regarding Russia’s troops along the Ukraine border. But the quiet hope was that Moscow wouldn’t push them to the brink of actually having to deliver on their threat of sanctions. This week, as the dust settled on China’s Winter Olympics, Russia did exactly that, ...