Bloomberg reported that HP's $8.8 billion writedown tied to the purchase of software maker Autonomy is fueling concern that CEO Meg Whitman and her board aren’t up to the task of engineering a turnaround. read more

NOV 21, 2012 - 7:25 am

A CFO article on Irv Rothman, CEO of Hewlett-Packard Financial Services, revealed why he prefers to grow a company organically rather than through M&As. But, the article noted, he’s made the most of the opportunities such deals have afforded him. read more

NOV 19, 2012 - 7:35 am

The Financial Stability Board published its second annual Global Shadow Banking Monitoring Report that showed non-bank financial intermediation grew from an estimated $26 trillion in 2002 to $67 trillion at year-end 2011. read more

NOV 19, 2012 - 7:20 am

Bloomberg reported that two Federal Reserve regional bank presidents signaled opposition to a proposal to sharpen monetary policy by linking the Fed’s zero-interest-rate forecast to economic indicators. read more

NOV 16, 2012 - 7:25 am

The Wall Street Journal reported that regulators are expected to serve J.P. Morgan Chase with a formal action alleging weaknesses in the bank's antimoney-laundering systems, citing people close to the situation. read more

NOV 16, 2012 - 7:15 am

Bloomberg reported that U.S. banking regulators will write capital rules shaped by community-banker concerns that the proposals are too harsh, citing agency officials' testimony. read more

NOV 15, 2012 - 7:05 am

Bloomberg reported that a number of Federal Reserve officials said the central bank may need to expand its monthly purchases of bonds next year, according to minutes of their last meeting. read more

NOV 14, 2012 - 2:20 pm

The Wall Street Journal reported that the Federal Reserve is getting closer to revamping its communication strategy by stating more explicitly what would get officials to start raising short-term interest rates. read more

NOV 14, 2012 - 7:00 am

Bloomberg reported that U.S. regulators won’t hold banking companies to a January 1 deadline, as the Fed, FDIC and Office of the Comptroller continue weighing views expressed during the comment period. read more

NOV 12, 2012 - 7:20 am

Research firm Gartner said in 2016, two-thirds of the mobile workforce will own a smartphone, and 40% of the workforce will be mobile. Tablets will be the key accelerator as purchases by businesses will more than triple by 2016, to reach 53 million. read more

NOV 7, 2012 - 7:10 am

Xander Media Group announced that after a two-year bout with cancer, one of its own, Crystina Bianco, who spent 18 years with the company, passed away at the age of 43. read more

NOV 5, 2012 - 7:25 am

MetLife announced an agreement to sell its $70 billion mortgage servicing portfolio to JPMorgan Chase. The insurer was advised on the deal by K&L Gates, Milestone Advisors and Deutsche Bank Securities. read more

NOV 5, 2012 - 7:20 am

GreatAmerica Leasing said it has launched Info-Zone mobile, an app designed to help sales people submit credit applications, calculate a payment and gain quick access to customer information while in the field. read more

NOV 2, 2012 - 7:00 am

Bloomberg reported that JPMorgan Chase sued the executive responsible for supervising Bruno Iksil, the trader nicknamed the London Whale, for market-moving wagers at the division responsible for a $6.2 billion trading loss. read more

NOV 1, 2012 - 7:15 am

CSI Leasing has gone live in the U.S. and Canada with LeaseWave from Odessa Technologies. read more

OCT 30, 2012 - 7:15 am