Former Citigroup and UBS trader Thomas Hayes was convicted in the Libor scandal Monday, becoming the first individual found guilty on charges of manipulating the global financial benchmark.
A massive sell-off of stocks in Greece on Monday underscored the uncertainty that still surrounds the Mediterranean nation as its government tries to secure a new international bailout to avoid a disastrous default.
Alpha Natural Resources, once a powerhouse of the American coal industry, filed for Chapter 11 bankruptcy protection on Monday so it may emerge from the grip of a $3 billion debt at a time when utilities are switching to natural gas and coal prices are ...
HSBC 581.3p +1.6p. Questor says Hold. The sale of HSBC's [LON:HSBA] Brazilian arm is the latest step in a retrenchment that could eventually see the banking giant up sticks and move its headquarters back to Hong Kong.
Kraft has announced a recall of some American cheese singles amid concerns about the plastic wrap that covers the individual slices.