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Allen Stanford thinks he is his best attorney

R Allen Stanford Convicted Still

Allen Stanford - who has at one time or another been represented by 18 different attorneys - has decided the best person for the job is himself. Stanford, who has no legal training, says he is invoking his right to represent himself.

Societe Generale puts in solid quarter

Frederic Oudea

French banking group Societe Generale reported forecast-beating second-quarter earnings on Thursday which more than doubled from the same period a year ago, despite tough conditions in Europe.

Merger week continues; Accenture eyes Booz: report

Merge Lanes Road Sign

Management consulting firm Accenture is in talks to acquire rival Booz & Co., a deal that would beef up its strategy and operations consulting services, The Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Santander bank official charged with insider trading

SEC Logo

The Securities and Exchange Commission (SEC) have reported that they have charged a former high-ranking official at Madrid-based Banco Santander S.A. and a former judge in Spain with insider trading based on non-public information about a proposed acquisition for which the Spanish investment bank was acting as an adviser.




HSBC continues to weigh up HQ move

HSBC CEO Stuart Gulliver said recent moves by Britain's new government reflected a more positive mood towards the financial sector, as the bank continues to weigh where it should be headquartered.

Morgan Stanley building

Morgan Stanley in ugly profit miss

Morgan Stanley delivered quarterly earnings that fell well short of analysts' expectations on Monday, as investors fled the bond, currency and commodity markets amid uncertainty about the timing of a U.S. interest rate hike and concerns about China's cooling economy.