financial crisis

HSBC Agrees to Pay $470 Million Settlement for Mortgage Misconduct

HSBC has agreed to pay a $470 million settlement to the US government and states related to dubious mortgage lending…

9 years ago

US house prices rise 12.4% over 12 months at the end of July 2013

According to the latest S&P/Case-Shiller Home Price Index, US house prices rose 12.4% over the 12 months to the end…

11 years ago

UBS repays bailout loan from Swiss National Bank after five years

Swiss National Bank has announced a loan it granted to bail out troubled bank UBS in 2008 has been repaid.…

11 years ago

Pope Francis condemns money cult in his first major speech on financial crisis

In his first major speech on the financial crisis, Pope Francis has called on world leaders to end the "cult…

12 years ago

Barack Obama takes 5% salary cut during sequester

President Barack Obama has decided to give 5% of his salary back to the government to show solidarity with the…

12 years ago

US economy adds 157,000 new jobs in January 2013

US economy has added 157,000 jobs in January 2013, which was slightly below forecasts, but the number of new jobs…

12 years ago

Ford shares fall 3.9% on Europe losses

Carmaker Ford shares have fallen 3.9% in early Wall Street trading on the rising cost of fixing its European business.…

12 years ago

Bob Diamond, Barclays Bank chief executive, resigns

Bob Diamond, Barclays Bank chief executive, has resigned with immediate effect. The move follows the resignation of chairman Marcus Agius…

12 years ago