A HSBC private bank building is pictured in Geneva December ...
Dec 23rd, 2009
(Reuters) - A HSBC private bank building is pictured in Geneva December 22, 2009. France will continue to use data stolen from HSBC's private banking arm in Geneva in its drive against tax evasion, its budget minister said on December 22, a day after French officials agreed to return the client lists to Switzerland. Picture taken with a long exposure. REUTERS/Valentin Flauraud (SWITZERLAND - Tags: BUSINESS CRIME LAW POLITICS) -
By Sudip Kar-Gupta LONDON (Reuters) - The FTSE 100, which had raced to its highest level in nearly 13 years this week, fell sharply for the second straight session on Friday as a decline at major bank HSBC hit the market. Some traders felt the pull-back could accelerate in June although many still believed the stock market's longer-term rising... [Full Article]
By Aditi Shrivastava and Pallavi Ail (Reuters) - At an age when many 90-year-olds are satisfied with playing gin rummy in a nursing home, Dole Food Co Inc Chief Executive David Murdock is planning his next big deal. The billionaire, who already owns 40 percent of one of the world's largest producers and marketers of fruit and fresh vegetables,... [Full Article]
By Huw Jones LONDON (Reuters) - Regulators decide this week how banks should set a limit to the risk they take onto their balance sheets, with investors likely to pressure lenders to comply before formal implementation in 2018. Banks will be forced to hold more capital and cash as part of the world's main regulatory response to the financial c... [Full Article]