Author Archives: bk158871

http://www.nytimes.com/2013/10/20/opinion/sunday/europes-slow-progress-on-banking-reform.html?gwh=1A21D737C10ACCC99E5A553E30586A4C The article discusses the financial struggle involving the European banking system. It discusses how the finance minsters agreed to give the European Central Bank authority over large banks in countries that use Euro as their currency. And how by … Continue reading →

http://www.nytimes.com/2013/10/19/business/international/hsbc-to-appeal-2-46-billion-judgment.html?ref=economy This article describes HSBC’s appeal to a lawsuit that claims that it violated federal safeties law. The shareholder’s lawsuit claimed that Household International, which is now HSBC Finance Corporation, misled investors about its quality of loans and its accounting … Continue reading →