The Financial Services Authority (FSA) has fined UBS £29.7m ($47.6m) for failings that led to trader Kweku Adoboli losing £1.4bn. The fine, the third largest
(Reuters) – Black Friday retail sales online this year topped $1 billion for the first time ever as more consumers used the Internet do their early holiday
(Reuters) – The New York attorney-general is preparing to file a civil lawsuit against Credit Suisse (CSGN.VX) for misleading investors who lost billions of dollars
(Reuters) – Philipp Klais, who runs the organ manufacturer in Bonn that his great-grandfather founded in 1882, gets requests every week from foreign officials as
(Reuters) – Hostess Brands Inc, the bankrupt maker of Twinkies and Wonder Bread, has sought a U.S. court’s permission to go out of business after failing to
(Reuters) – BP Plc and lawyers representing over 100,000 individuals and businesses claiming economic and medical damages from the 2010 Gulf of Mexico oil spill
(Reuters) – Exit presidential elections. Enter looming budget crisis. And once again, a disconnect between how Washington and Wall Street see the world could cause