It's a promising form of electronic cash free from central bankers and beloved by hackers. It—Bitcoin—may also be in trouble, registering catastrophic losses that have sent speculators scrambling.
Business
Apr 11, 2013
10
0
Some call it the most famous pizza purchase in history: In May 2010, a programmer called Laszlo asked an online forum if anyone would buy him a couple of pies in exchange for 10,000 Bitcoins, an experimental online currency ...
Internet
Apr 7, 2013
19
0
(AP)—British bank RBS says technical issues have prevented customers from logging into its mobile applications—another in a series of computer glitches that has hit the struggling institution.
Software
Mar 28, 2013
0
0
(AP)—HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering probe.
Internet
Dec 11, 2012
0
0
(Phys.org)—Like the impact of an elephant herd grazing on grassland, multinational banks shape the financial environment to an extent that far outweighs their small number. And like a contagious person on a transnational ...
Economics & Business
Nov 14, 2012
0
0
As the United States continues its struggle to emerge from the worst economic crisis since the Great Depression, a practice known as fair-value accounting has been taking heat. Critics—mostly banking associations—say ...
Economics & Business
Jan 31, 2012
0
0
(PhysOrg.com) -- Research from the University of Bath counters the claim that large bonuses in the banking industry are at the root of the global financial crisis.
Economics & Business
Dec 14, 2011
6
0
After the 2008 financial crisis hit, many people were startled to learn that the leaders of some investment banks knew little about the risks their firms had taken.
Economics & Business
Sep 6, 2011
2
0
Obvious conflicts of interest and poor performance are among the reasons why a Kansas State University economist says the way the leading credit rating agencies are funded should be changed.
Economics & Business
Aug 16, 2011
6
0
The Journal of Financial Economics recently published a paper by Andrew Ang, Chair, Ann F. Kaplan Professor of Business and Chair, Finance and Economics Division at Columbia Business School; Sergiy Gorovyy, PhD candidate, ...
Economics & Business
Jul 28, 2011
1
0
