- HSBC profits seen up 10 percent as cost cuts pay off Reuters
HSBC Holdings (HSBA.L) is expected to report a 10 percent rise in quarterly profit on Monday as Europe's biggest bank benefits from cost cuts and the absence of a big provision to cover a fine last year. The rise is unlikely to put to rest concerns about …
HSBC Holdings (HSBA.L) is expected to report a 10 percent rise in quarterly profit on Monday as Europe's biggest bank benefits from cost cuts and the absence of a big provision to cover a fine last year. The rise is unlikely to put to rest concerns about HSBC's growth prospects as tougher regulations squeeze profits, investment …
- Fed's Fisher says U.S. government bears blame for slow recovery Reuters
(Reuters) - An ineffective, fractious and fiscally irresponsible government has slowed the U.S. recovery and counteracted the stimulative effects of Federal Reserve's super-accommodative monetary policy, a top Fed official said on Monday. "While the …
(Reuters) - An ineffective, fractious and fiscally irresponsible government has slowed the U.S. recovery and counteracted the stimulative effects of Federal Reserve's super-accommodative monetary policy, a top Fed official said on Monday. "While the Fed has been moving at the speed of a boomer in full run, the federal …
- Swisscom builds 'Swiss Cloud' as spying storm rages Reuters
Swisscom is building a "Swiss Cloud" that could loosen the grip of U.S. technology giants and attract foreign companies looking for a way to shield sensitive data from the prying eyes of foreign intelligence services. Companies are increasingly turning …
Swisscom is building a "Swiss Cloud" that could loosen the grip of U.S. technology giants and attract foreign companies looking for a way to shield sensitive data from the prying eyes of foreign intelligence services. Companies are increasingly turning to cloud computing - an umbrella term for technology services such …
Too many bulls, not enough bears and record high stocks. This as the latest AAII survey of sentiment shows shows confidence is rising almost as fast as …