When asked about their broader definitions of wealth, a majority of investors surveyed said it meant "greater security." Ranking a distant second place was "more happiness," followed by "more responsibility" and "more fun." Ranking last was "more stress."
HSBC has named former U.K. tax chief Dave Hartnett to advise a new board committee created to tackle financial crime.
The U.S. Department of Homeland Security urged computer users on Tuesday to disable a common networking technology feature, after researchers warned that hackers could exploit flaws to gain access to tens of millions of vulnerable devices
Jane Wells headed to the California State University at Northridge to interview students about their current sentiments on Apple products.
Michael Dell is seeking majority control of Dell Inc. in a buyout that would combine his 15.7% stake in the company with as much as $1bn of his personal funds, said people familiar with the matter.
BP Exploration and Production Inc. pleaded guilty Tuesday to 14 criminal counts for its illegal conduct leading to and after the 2010 Deepwater Horizon disaster, and was sentenced to pay $4bn in criminal fines and penalties, the largest criminal resolution in U.S. history, Attorney General Holder has announced.
It's a wind down.
There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billion in trading losses last year. Some of the firm's own traders bet against the very derivatives positions placed by its chief investment office, said three people familiar with the matter.
In the past 10 years, the number of men doing 'pink collar' jobs has doubled. (Not sure what a 'pink collar' job is? Neither were we.)
Barclays is preparing to hand its chief executive Antony Jenkins a bonus of at least £1m for 2012 – a year when the bank was fined £290m for its part in the Libor-rigging scandal and set aside a further £1bn for mis-selling payment protection insurance.
A marathon overnight negotiation between Greece and its creditors remained unresolved on Monday morning after European leaders confronted Alexis Tsipras, the Greek prime minister, with a package of austerity measures which entailed a surrender of fiscal sovereignty.
They seek him here, they seek him there … the former HSBC gaffer, Lord Green of Hurstpierpoint, might be described as the scarlet pimpernel of banking.