US Imposes Biggest Penalty on ING Groep (NYSE:ING) for Violation of US...
ING Groep NV (ADR) (NYSE:ING) decided to pay $619 million to fix United States alleges it falsified financial records to sidestep sanctions on countries including Cuba and Iran. It is the biggest such...
View ArticleMetlife (NYSE:MET) Alters Deal with General Electric (NYSE:GE); Sells Around...
The New York-based Metlife Inc. (NYSE:MET) changed an accord to vend around $7 billion in deposits to General Electric Company (NYSE:GE) so that Federal Deposit Insurance support is no longer needed....
View ArticleHSBC Holdings (NYSE:HBC) Starts to Off-Load around $40 Billion of Loans;...
The Daily Telegraph published Monday on its website that HSBC Holdings plc (ADR) (NYSE:HBC) is preparing its primary sale of sub-prime loans since the height of the financial crash, as the financial...
View ArticleHSBC Holdings (NYSE:HBC) to Sell Stake in China’s Ping Insurance in $9.4...
HSBC Holdings plc (ADR) (NYSE:HBC) decided to sell its stake in China’s Ping An Insurance Co to Thai billionaire Dhanin Chearavanont for $9.4 billion, offering CEO Stuart Gulliver a buffer to...
View ArticleAviva (NYSE:AV) Report Sharp Drop in Full Year Profit; Lowers Dividend – AV,...
Aviva Plc (ADR) (NYSE:AV) on Thursday announced a sharp drop in pre-tax profit for FY 2012, mainly because of write-downs resulted from agreed sale of its US business. The Insurer also lowers its final...
View ArticleBlackRock (NYSE:BLK) Chief Gets $20.2 Million Compensation in 2012 – BLK,...
Chairman and chief executive officer of BlackRock, Inc (NYSE:BLK) Laurence D. Fink got $20.2 million in pay previous year, a 7.7 percent drop from previous year’s $21.9 million, as shown in the...
View ArticleLincoln National (NYSE:LNC) Profit Tumbles in First Quarter
Lincoln National Corporation (NYSE:LNC) reported fiscal Q1 profit tumbled 1.6 percent, mainly hurt by higher-than-forecasted mortality in its individual and group life units. Lincoln announced a profit...
View ArticleHSBC Holdings (NYSE:HBC) May Report More Job Cuts
HSBC Holdings plc (ADR) (NYSE:HBC) could report more job cuts on Wednesday, when investors will be told that CEO Stuart Gulliver will push ahead with schemes to produce a leaner, more streamlined bank,...
View ArticleHSBC Holdings (NYSE:HBC) North America Business Chairman John Thornton to...
HSBC Holdings plc (ADR) (NYSE:HBC), Europe’s biggest band, on Monday reported its chairman of its remuneration committee and its North America unit John Thornton will depart current month to spend more...
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