US
Wealth managers
HSBC has revealed it faces a hefty fine - estimated at $1bn by analysts - from US regulators for failing to have the right anti money laundering controls in place from 2004 until 2010.
12 July 2012
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1 min read
US
The US Federal Reserve raised concerns about LIBOR as early as 2007 and shared proposals for reform with the UK regulator, according to reports.
10 July 2012
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1 min read
Economics
Manchester United is set to float onto the New York Stock Exchange, seeking to raise $100m in an IPO.
04 July 2012
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US
PIMCO's Bill Gross has said US debt to GDP could accelerate towards 800% over the next five years if all actual liabilities are taken into account.
29 June 2012
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US
The Federal Reserve announced plans to extend Operation Twist by $267bn as it cut its growth forecast for the US economy from 2.9% to 2.4% in 2012.
21 June 2012
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Managed funds
Max King, portfolio manager in Investec Asset Management's multi-asset team, asks whether the disparity between US and European equity market performance is justified, suggesting now could be the perfect entry point into stocks.
18 June 2012
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Financial services
Former billionaire Allen Stanford, who stole $7bn from his investors in a Ponzi scheme, has been sentenced to 110 years in US courts.
15 June 2012
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US
This year's charity auction for lunch with Warren Buffett closed last week with a winning bid of $3.46m.
11 June 2012
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