Author Archives: scgadmin

HSBC Holdings PLC HBC has raised the prospect of selling its British retail banking operation if new regulations prove too demanding, The Times in the U.K. reported Friday. Stuart Gulliver, chief executive of the global banking group, told analysts the [...]

–Chinese demand for life insurance is set to remain strong in the coming years, says MetLife China CEO –A fast-ageing society and an increasingly mobile population guarantees the demand, Bob Pei says –MetLife China eyes China’s pension market, with a [...]

Facebook comes to market on Friday in one of the largest and most-anticipated initial public offerings in U.S. history. But a certain group of potential big buyers will have to wait. Read More

– Bankia shares fall as much as 29%; end down 14% — Report on deposit withdrawals adds to worries — Bankia, government denies the bank is losing deposits MADRID — The Spanish government moved Thursday to quell fears of massive [...]

The latest money news from Ann Cates, including a report that losses at JPMorgan Chase may be steeper than first thought. Read More

MADRID (MarketWatch) — Spanish lender Bankia SA said depositors have “nothing to fear,” in a statement issued Thursday in reponse to a report in El Mundo that customers have withdrawn 1 billion euros ($1.3 billion). Shares tumbled 11% on Thursday, [...]

NEW YORK (MarketWatch) — Wal-Mart Stores Inc. , undergoing an internal investigation into whether it allegedly violated the U.S. Foreign Corrupt Practices Act in its Mexican market and whether prior allegations were mishandled by the company, said in a regulatory [...]

WASHINGTON (MarketWatch) — The Commodity Futures Trading Commission is considering changing how it tallies positions under new limits on speculation in commodity markets, according to people familiar with the matter. Read More

Energy companies reportedly have more concerns over the risks associated with key shale-gas technology. Read More

We haven’t learned any lessons from the ethanol debacle. Read More