New York State regulators may bring an enforcement action against the German bank as early as this month; Wells Fargo’s decision to stop making loans to the dealers has more to do with credit quality than asset limits. ... Read full article
The bank added Italy to the list of countries off-limits to employees after restricting travel to and from Asia for the last several weeks. ... Read full article
U.S. banks are coming under pressure in pre-market trading as the Mediterranean nation prepares for a fresh election that may become a de facto referendum on its membership in the euro currency union. ... Read full article
The U.S. charged 36 people in a takedown of an international cybercrime ring that prosecutors say used the slogan “In Fraud We Trust” and stole $530 million with the help of pilfered identities and malware. ... Read full article
Citigroup said an Italian court rejected a €1.8 billion ($2.2 billion) civil claim filed by Parmalat against the bank over the food company's collapse in 2003. ... Read full article
UniCredit, Italy's No. 1 bank, said hackers took biographical and loan data from 400,000 client accounts in one of the biggest breaches of European banking security this year. ... Read full article
