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iPad Mini: Apple Launches Smaller Tablet

Apple Header

Apple made its play to dominate the fast-growing tablet market on Tuesday by unveiling an "iPad mini" - a new tablet half the size of its existing iPad - to compete with Google's Nexus 7 and Amazon's Kindle Fire.

RBS Mulls Sale of US Bank Citizens


State-controlled Royal Bank of Scotland is examining selling its US business Citizens and reducing the size of its investment bank, the agency in charge of the taxpayer's stake has said.

Wall Street ‘Delusional’ on Pay

Wall Street

Wall Street executives are 'delusional' if they think their pay will continue to rise significantly, Kenneth Feinberg, the former Obama administration special master on executive pay, told CNBC on Friday.

Goldman's Gupta To Plead For Mercy For 'Aberrational' Event


As a lawyer, Jed Rakoff once persuaded a judge to give probation to a client convicted at an insider-trading trial alongside former Wall Street Journal reporter R. Foster Winans. Now a federal judge himself, Rakoff must weigh Rajat Gupta’s similar request to stay out of prison.

CFTC Fines Morgan Stanley Smith Barney


The U.S. Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges that Morgan Stanley Smith Barney violated CFTC regulation 166.3 by failing to diligently supervise its employees’ handling of customer accounts.



HSBC HQ London 3

HSBC to reveal plans over UK headquarters in face of bank levy

HSBC, the biggest payer of the UK banking levy, will set out on Tuesday exactly how it plans to decide whether to keep its headquarters in Britain in remarks that will be closely watched by George Osborne as he prepares to deliver his Mansion House speech the following day to an audience of top bankers.