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Banks

SoftBank seeks talks for Sprint merger with T-Mobile USA

SoftBank seeks talks for Sprint merger with T-Mobile USA
By: Kana Inagaki in Tokyo Japanese conglomerate says $100bn investment fund is close to launch SoftBank will seek talks to merge its US mobile business Sprint with rival T-Mobile USA to trigger a long-awaited consolidation in the US telecoms sector, ...

Noel Edmonds seeks £50m compensation over HBOS fraud

Noel Edmonds seeks £50m compensation over HBOS fraud
By: Jonathan Ford and Emma Dunkley TV celebrity’s letter to Lloyds claims reputation as entrepreneur was ‘destroyed’ Noel Edmonds, the television celebrity, has written to the boss of Lloyds Banking Group to demand compensation that his lawyers claim ...

Sweden's tax plan is the opposite of Donald Trump's - and it is proving hugely ...

Sweden's tax plan is the opposite of Donald Trump's - and it is proving hugely successful
By Johan Carlstrom On average, all strata of Swedish society are getting richer. Compare that to the low-tax US, where most Americans' incomes have fallen High taxes, strong unions and an equal distribution of wealth. That’s the recipe for ...

Spain names 7 former HSBC bankers as suspects in money laundering case

Spain names 7 former HSBC bankers as suspects in money laundering case
By: Tobias Buck The Spanish High Court has named seven former HSBC managers as formal suspects in a wide-ranging money laundering case triggered by Hervé Falciani, an ex-employee of the bank who turned whistle-blower. According to a court document released...

HSBC buoyed by higher interest rates and weaker dollar

HSBC buoyed by higher interest rates and weaker dollar
By: Martin Arnold in London and Jennifer Hughes in Hong Kong Stronger Q1 sends shares up in relief rally after earnings miss late last year HSBC has fuelled investors’ hopes that it will buy back another $2bn of shares after its quarterly results ...

Who's behind the blog

Who's behind the blog

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