Fox Business News's Charlie Gasparino has reported that Bank of America is coming under 'increasing pressure' from US government and regulatory officials to break up the empire, as it is thought to be still much 'too big to fail'.
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Top Firm Said Under Pressure To Break Itself Up
If Your Firm Was A World Cup Football Team........
32 teams have made the World Cup Finals in South Africa this year. And we were wondering what banks are most like the teams that have qualified.
Read more »Greater Holiday Rights For Employees On Sick Leave
You work hard all year looking forward to three weeks holiday over Christmas, only to fall ill on the second day in - bedridden for the entire period. And, of course, you conveniently recover the day before you are due to start back at work!
Read more »The Fall Of Lehman - Official Report Pulls No Punches
US examiner Anton Valukas has compiled a 2,200 page report which looks at the reasons Lehman Brothers ended up in bankruptcy in September 2008.
Read more »Forbes Richest People In The World - The Top 10
Forbes magazine has published its latest list of the world's richest and, for the third time in three years, there's a new name in top slot. And all of the top 10 are men.
Read more »Firm's Shares Rise As It Confirms Takeover Talks
Reuters reports that shares in Tullett Prebon rose over 15% Wednesday, after the firm confirmed that it was in preliminary takeover talks.
Read more »BNP Paribas Boss Admits Pay Is As Low As Possible
Bloomberg reports that BNP Paribas retail banking head Francois Villeroy de Galhau has admitted that any further reduction in bonus payouts is likely to result in staff quitting the bank for rival firms.
Read more »Lindsay Lohan Seeks $100m From E-Trade Over Babymilkgate
The Boston Herald reports that actress Lindsay Lohan is suing E-Trade for $100m, claiming that the firm has improperly used her 'likeness, name, characterization and personality without permission' in a promotional ad which debuted during Super Bowl XLIV last month.
Read more »How's This For Irony ?
It's 14th October, 2008. Hank Paulson (US Treasury), Ben Bernanke (Federal Reserve), Tim Geithner (New York Fed) and Sheila Bair (FDIC) had been busy trying to save the financial system from going to hell in a hand cart.
Read more »The Who's The Most Overpaid Person In The World Poll
We want to find out who you think is the most overpaid person in the world.
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