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Scofflaw Bank Told To Straighten Up

Reuters | Posted 03.13.2013 | Business

By Brett Wolf and Carrick Mollenkamp and Emily Flitter NEW YORK, Jan 11 (Reuters) - A U.S. regulatory probe of JP Morgan Chase & Co is...

Swiss Offer U.S. Multibillion-Dollar Settlement Over Tax Controversy

Posted 01.03.2012 | Business

(Lynnley Browning) - The government of Switzerland has proposed a multibillion-dollar settlement with U.S. authorities over allegations that it h...

HSBC Heads For $11 Billion Profit As Revamp Takes Shape

Posted 09.30.2011 | Business

LONDON (Steve Slater) - HSBC Holdings Plc (HSBA.L: Quote, Profile, Research, Stock Buzz) should unveil a half-year profit of near $11 billion on M...

HSBC Might Cut More Than 10,000 Jobs

Posted 09.27.2011 | Business

HONG KONG/LONDON - Banking group HSBC Holdings Plc may cut more than 10,000 jobs as part of its plan to slash costs by up to $3.5 billion a year, ...

HSBC Considers Running Down Its Credit Card Business

Posted 08.13.2011 | Business

JAKARTA - HSBC Holdings will run down its $33 billion U.S. credit card business if it cannot find a buyer, the bank's chief executive said on Mond...

Two Areas Dominate Debate Over Financial Reform's Implementation

Posted 08.12.2011 | Business

WASHINGTON (Kevin Drawbaugh) - Global inconsistencies and industry resistance are clouding the outlook for world financial regulation reform in tw...

2009: The Year of Light Green

Andrew Winston | Posted 05.25.2011 | Green
Andrew Winston

What will happen now in this damaged economy? It would be silly to suggest that the intensity of the focus on green will continue unabated. But we'll see a form of what I'll call "light green" this year.

Mortgage Companies Cut (Some) Online Spending

Silicon Alley Insider | Michael Learmonth | Posted 05.25.2011 | Business

Four big mortgage lenders cut their online ad spending from December to January, according to Nielsen Online. Four financial firms were among the top ...

HSBC Bails Out 2 Troubled Funds

AP | Robert Barr | Posted 05.25.2011 | Business

HSBC Holdings PLC, Europe's largest bank, said Monday it will bail out two troubled funds it manages by transferring about $45 billion of their assets...

HSBC Takes A $3.4 Billion Charge

Wall Street Journal | MARGOT PATRICK | Posted 05.25.2011 | Business

HSBC Holdings Plc (HSBA.L), Europe's biggest bank, said its third-quarter profits were ahead of last year's and revenue growth across the group offset...