Are Americans 'winging' their retirement plans?
When it comes to retirement savings, many Americans seem to be "winging it" -- or heading for retirement without a realistic plan of how to fund it.Or so suggests a recent survey by the Transamerica Center for Retirement Studies.
Building a great credit score from scratch
You've likely known that credit scores are important since long before you got your first credit card.
UK Treasury Sets Out Terms For Libor Review
The U.K. Treasury said Monday its review of the Libor rate, manipulated by Barclays Plc (BARC.LN) and a benchmark for trillions of dollars worth or derivatives trade, will be completed by October.
Correction to HSBC Earnings Story
"HSBC Net Profit Dips, Hit by PPI Compensation, US Provision," at 0925 GMT, misstated the group's first-half 2011 net profit attributable to ordinary shareholders.
Hang Seng Bank 1st Half Net Profit up 14% on Interest Income, China Gains
Blue-chip lender Hang Seng Bank Ltd. (0011.HK) said Monday its net profit rose 14% in the first half from a year earlier, but sounded a caution on its second-half outlook.
Sumitomo Mitsui 1Q Group Net Drops 43%
Sumitomo Mitsui Financial Group Inc. (8316.TO) reported Monday a 43% decline in net profit in the April-June quarter, largely hurt by hefty valuation losses from equity holdings amid weak market conditions.
EnBW Won't Sue German Government Over Nuclear Exit
German utility EnBW Energie Baden-Wuerttemberg AG (EBK.XE) said Monday it won't file a constitutional complaint against the government over Germany's plan to exit nuclear energy after taking intensive legal assessment.
Bank Mandiri 1st Half Net Profit IDR7.1 Trillion Vs IDR6.3 Trillion
PT Bank Mandiri (BMRI.JK), Indonesia's largest bank by assets, said Monday first-half net profit rose 12.7% to 7.1 trillion rupiah ($745.5 million) from IDR6.3 trillion a year earlier on the back of strong loan growth.
Bank Central Asia 1st Half Net Profit up 11% at IDR5.30 Trillion
PT Bank Central Asia (BBCA.JK) said Monday its first-half net profit rose 11% to 5.30 trillion rupiah ($557 million) from IDR4.79 trillion a year earlier, mainly because of higher net interest income.