Royal Bank of Scotland's involvement in the Libor rigging scandal could be worse than Barclays' and may force the state-owned bank to pay a bigger fine than its UK rival, an MP has claimed.
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.
A former trader for Royal Bank of Scotland Group has claimed that the bank's internal checks were so lax that anyone could change Libor rates.
Peter Thiel’s decision to sell almost all of his stake in Facebook so soon after the company’s initial public offering has few precedents in Silicon Valley, where venture capitalists typically hold shares longer.
The Sun newspaper has published those naked pictures of Prince Harry 'because we think Sun readers have a right to see them'.
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.
In the 1980s, the neutron bomb was the new thing to be Worried About.
Asil Nadir has been sentenced to ten years' imprisonment.
More bad news.
Hewlett-Packard has posted a quarterly loss of $8.9bn after a gigantic writeoff of value of its services division, as it struggles to cope with falling revenues in other core areas including PCs and printing.
China is no stranger to skyscrapers of unusual architectural design and while some of the country's ambitious architectures have drawn flak from locals and authorities, this building is making headlines for a different reason.
Situated at the foot of Switzerland's Alps and along Lake Geneva lies one of the most luxurious-and pricey-cities in the world.
The amount of money paid to informants by HMRC in its attempts to crack down on tax evasion has leapt by more than 50% in a year to a record high of £605,000.