China now runs 4 of the world's 5 biggest banks

Four of the five largest banks in the world are Chinese, according to SNL Financial's latest global bank rankings.

Dollar Gains Most Since January on U.S. Economic Growth

The dollar rose the most in six months versus a basket of peers after economic reports showed U.S. growth rebounded, boosting bets the Federal Reserve is on pace to raise interest rates next year.

Pound Strengthens Against Dollar as Economic Recovery Broadens

The pound advanced against the dollar as data showed a surge in business investment helped the British economy grow for a fourth straight quarter, boosting the allure of the U.K. currency.

Did the G20 fail?

DUSSELDORF, Germany, Sept. 9 (UPI) -- The Group of 20 summit in St. Petersburg, Russia, should have secured three achievements, which had been thoroughly discussed by officials in advance and which had nothing to do with Syria.

G20 needs clear, predictable policies - Russia

MOSCOW (Reuters) - The Group of 20 backs clear monetary policies, Russia said on Thursday, reflecting the concerns of developing economies that a withdrawal of U.S. monetary stimulus could cause market turmoil and capital flight.

Pound hits 9-week low vs dollar as UK economy worries grow

LONDON: Sterling fell to an nine-week low against the dollar and held close to a 10-month low versus the euro on Friday after weaker-than-expected retail sales data added to concerns about a struggling British economy.

If US goes over fiscal cliff, dollar could fly

NEW YORK: In times of trouble, investors tend to flee to the comfort of the U.S. dollar -- even when the trouble is emanating from the United States.

Behind Iran's currency crash

NEW YORK (CNNMoney) -- Iran's currency is in a free fall, and the sanctions over its nuclear program are mostly to blame.