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) – Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year from $200 million, catapulting Google...
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