It was in 1989, as communism was imploding across the world, that the Vietnamese foreign minister gave a press conference in which he discussed the most fatuous mistakes of his fellow revolutionary socialists.
... * Rising investment bank revenue eroded by legal charges. * Legal reserves at 4.8 bln euros, contingent liabilities up. * Details of strategy shift due on Monday, April 27 (Adds contingent liabilities from statement, detail, background on restructuring).
(Reuters) - HSBC (HSBA.L), Europe's biggest bank, is weighing plans to spin off its British retail bank in a 20 billion-pound deal, the Sunday Times reported.
This column starts with an apology. The last time I wrote about Tesco, I promised it would be the last. After analysing Horsegate, dodgy accounting practices and repeated sets of poor financial results, it really felt like time to move on.
A British trader accused of triggering a �500 billion Wall Street crash boasted he could earn �1 million in a week in 'volatile' markets.