Written by BEN PROTESS and JESSICA SILVER, Published on NY Times
State and federal authorities decided against indicting HSBC in a money-laundering case over concerns that criminal charges could jeopardize one of the world’s largest banks and ultimately destabilize the global financial system.
Written by STEVE ROTHWELL, Published on Kansas City
Stocks edged higher Monday after a strong sales report from McDonald’s offset concerns about the surprise resignation of Italy’s prime minister. Investors also waited for developments in crucial U.S. budget talks.
Written by Shahien Nasiripour and Kara Scannell, Published on FT.Com
HSBC and Standard Chartered, the two biggest UK banks by market value, are to pay more than $2.5bn in fines as part of record settlements with US authorities over money laundering allegations.
Published on Green Ville Online
The U.S. government said Monday that it is selling its remaining shares of American International Group stock, moving to close the books on the government’s biggest bailout during the 2008 financial crisis.
Written by Doug Cameron and Marietta Cauchi, Published on WSJ
Delta Air Lines Inc. is close to striking a deal to acquire a 49% stake in Virgin Atlantic Airways Ltd.,