- HSBC takes $2 billion hit for U.S., UK scandals Reuters
Revelations of lax anti-money laundering controls at HSBC are "shameful and embarrassing" for Europe's biggest bank, its boss said on Monday, and it may have to pay out well over $2 billion for ...
- Insight: ECB thinks the unthinkable, action likely weeks away Reuters
The European Central Bank is thinking the unthinkable to save the euro, including resuming its controversial bond-buying program and possibly even pursuing quantitative easing - in effect printing money. ...
- Jury selected in Apple, Samsung patent trial Reuters
An insurance agent, an unemployed video game enthusiast and a project manager for wireless carrier AT&T; were among the 10 jurors selected to decide a high-stakes U.S. patent battle between Apple Inc and ...
"The key problem today is that fear has become so preeminent that it's trumping really common sense," says one strategist.