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Gaddafi's Regime Stored Billions In Goldman, Other Investment Banks

AP | Posted 07.26.2011 | Business

LONDON -- A British lobbying group has released a leaked document showing that several major investment banks, including HSBC, Goldman Sachs, Societe ...

Banking on the Next Fukushima

Kumi Naidoo | Posted 07.12.2011 | Green
Kumi Naidoo

No one would build a reactor in a high-risk earthquake zone on a coast now. Not after Fukushima. Would they? Two of the world's biggest banks, HSBC and BNP Paribas, are doing just that. If completed according to plan, it will be the world's biggest nuclear power facility.

Shahien Nasiripour

HSBC Continues Freeze On Home Seizures | Shahien Nasiripour | Posted 07.11.2011 | Business

HSBC North America Holdings, the ninth-largest U.S. bank by assets, told investors Wednesday that the bank's moratorium on home seizures continues in ...

Why Credit Card Branding Is Costing Small Business Owners

Odysseas Papadimitriou | Posted 06.20.2011 | Business
Odysseas Papadimitriou

Business and consumer credit cards are actually more similar than they are different, which therefore begs the question, should the Credit CARD Act of 2009 apply to business credit cards?

16 Mortgage Lenders And Servicers Ordered To Reimburse Homeowners

AP | The Associated Press | Posted 06.13.2011 | Business

WASHINGTON/CHARLOTTE, North Carolina (Dave Clarke and Joe Rauch) - U.S. bank regulators announced pacts with the largest home lenders over allegat...

What Made Bernie Madoff Tick?

Robert Lenzner | Posted 06.12.2011 | Business
Robert Lenzner

Under the surface of his carefully crafted image, it appears that Bernie Madoff was harboring an intense loathing of the financial establishment that he had outwitted for so long.

Madoff: JPMorgan Should Expect A 'Big Settlement'

Posted 06.08.2011 | Business

Four months after being sued on behalf of Madoff's scammed investors, Madoff himself has attacked JPMorgan. In what is described as a "rambling" i...

HSBC Customers Hit By Text Message Scam

The Huffington Post | Chris Kirkham | Posted 02.13.2014 | Business

HSBC Bank customers have been receiving fraudulent text messages in recent days asking them to dial in to a 1-800 number and enter their account infor...

Barclays CEO Receives $10.6 Million Bonus

The Huffington Post | Maxwell Strachan | Posted 05.25.2011 | Business

Last month, Barclays CEO Robert Diamond announced that while his banking company would continue to "exercise restraint" against large bonuses, the tim...

Winning the Present

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

How lunatic-fringe do the House Republicans have to be before President Obama starts calling them out? These cuts have nothing to do with reasonable fiscal policy -- they are pure ideological retribution against government.

JPMorgan Fires Back At Madoff Trustee

Bloomberg News | Linda Sandler | Posted 05.25.2011 | Business

JPMorgan Chase & Co. (JPM), sued for $6.4 billion by the trustee for Bernard L. Madoff's firm, said the trustee has no right to "abrogate" a yearlong ...

Making the Most of Global Investing in a Brave New World

Andrew Ireland | Posted 05.25.2011 | Business
Andrew Ireland

Global investing is important, not only for long-term growth but also for portfolio diversification. Emerging market stocks are continuing to present solid development potential.

Shahien Nasiripour

Megabank Warns It May Be Punished Over Foreclosure Practices | Shahien Nasiripour | Posted 05.25.2011 | Business

UPDATE 7:00 PM: U.S. Bancorp, the nation's 10th-biggest lender by assets, also warned investors of impending penalties, its annual report shows. The...

Credit Card Companies Are Targeting Risky Borrowers Again | ERIC DASH | Posted 05.25.2011 | Business

Credit card offers are surging again after a three-year slowdown, as banks seek to revive a business that brought them huge profits before the financi...

Regulator Orders HSBC to Stop Financing High-Cost Tax Time Loans

Dory Rand | Posted 05.25.2011 | Business
Dory Rand

While increased regulatory scrutiny is needed in the short term, we look forward to the RAL product's obsolescence.

Could Demographic Trends Cripple Europe by 2050?

Rory Fitzgerald | Posted 05.25.2011 | World
Rory Fitzgerald

New figures bear out a looming demographic crisis in Europe. Not since the Black Death have we seen populations collapse like this.

Chinese Society: Racing Forward, Not Cracking Up

Tom Doctoroff | Posted 05.25.2011 | World
Tom Doctoroff

Chinese society is racing forward, but the traditional pillars of individual identity -- the family and the nation -- remain robust. It remains a society of "belongers." Outsiders are, now and forever, outcasts.

Trading Places: Fraud in the Commodities Market

Vivian Norris | Posted 05.25.2011 | Business
Vivian Norris

In the past six months a huge fraud concerning manipulation and racketeering in the silver market (and now it seems also gold) looks like the making of a horror film.

Silver Could Spike to $50 Because of Huge Short Interest

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

Silver has outshone the rise in gold prices in recent weeks by jumping 50 percent from around $18 to nearly $30 and then backed off to $27.16 Saturday. This extraordinary increase in the price of silver suggests that short covering might explain part of the gain.

Climate Action: Part 2 - Down to Business

William S. Becker | Posted 05.25.2011 | Green
William S. Becker

Last year, the Yale Project on Climate Change Communication conducted a survey of American attitudes on climate change. In one question, it asked who ...

Electric Vehicles Face One Crucial Hurdle: Where To Plug In?

Reuters | Gerard Wynn and Kwok W. Wan | Posted 05.25.2011 | Business

Now a new generation of drivers is set to embark on a similar kind of experiment. Until recently, most electric vehicles, or EVs as they are often kno...

Citigroup To Increase China Workforce To 12,000 In Three Years

Bloomberg | Cathy Chan | Posted 05.25.2011 | Business

Citigroup Inc. plans to almost triple its workforce in China to as many as 12,000 people in the next three years, intensifying its rivalry with HSBC H...

What's in a Twitter Name? That Which We Call a Customer...

Brett King | Posted 05.25.2011 | Business
Brett King

Why is it that there are banks who won't let me open an account unless I have a home telephone number, and yet in respect to mechanisms I use more frequently, namely FB and Twitter, they ignore me?

The 5 Stages of Social Media Grief

Brett King | Posted 05.25.2011 | Technology
Brett King

When will Facebook/ Twitter / Foursquare end? They won't -- that's like asking when the internet and mobile phones will end. Which brings me to the realization that dealing with innovation in banking is a lot like dealing with grief.

Brett King: Who gets it right with Internet Banking opportunities?

Brett King | Posted 05.25.2011 | Business
Brett King

Take a look at your retail or consumer banking website or homepage. I can 100% guarantee that regardless of who you are, and in what market you are in...