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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.




People News: HSBC, JPMorgan

An economist for HSBC in Moscow became the latest to join a Russian state institution as profits in the financial industry suffer from the country’s first recession since 2009.