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Twitter's IPO 'At Least A Year Away'

Charles Gasparino

FOX Business Network Senior Correspondent Charlie Gasparino reports that the competitor social media site to Facebook, Twitter 'is re-evaluating the timing for a possible IPO following Facebook’s problems'.

HSBC Said To Be In Settlement Talks

HSBC Canary Wharf

HSBC, which is under investigation by U.S. regulators for laundering funds of sanctioned nations including Iran and Sudan, is in talks to settle the matter, two people with knowledge of the case said.

HSBC - Too Big To Manage ?


HSBC’s credit rating outlook was cut by Standard & Poor’s, which questioned whether the lender is too big to be managed effectively in the wake of regulatory scandals in the U.S. and Europe.

Bank of America Board Appoints Four New Directors

Brian Moynihan

Bank of America has appointed Sharon Allen, former Deloitte LLP Chairman, Jack Bovender, former HCA Inc. Chairman and CEO, Linda Hudson, President and CEO of BAE Systems, and David Yost, former CEO of AmerisourceBergen Corp., as new directors. The appointments are effective immediately.



Europe Map

Schäuble's subplot – a Grexit, it seems, no longer worries Germany

The late news from the make-or-break talks in Brussels was no news at all, really. There were a few encouraging words for the progress Greece is making on its reform plans. Athens also ordered a €750m (£535m) repayment to the International Monetary Fund. But an agreement on releasing €7.2bn of bailout funds? No.