financial times: Global business: HBOS built on flawed business model, Autonomy deal d...

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Global Business
Friday April 05 2013

Financial Times - Companies

HBOS built on flawed business model

UK Parliamentary Commission on Banking Standards report highlights dangers of ill-judged lending, poor risk control and slack regulatory scrutiny
http://link.ft.com/r/XYEWFF/Z8M0BA/OJ2XU6/NJDQEE/MJC6U1/GX/h?a1=2013&a2=4&a3=5

Autonomy deal debacle takes toll at HP

Lane received only a 59 per cent vote in favour of his re-election at HP's annual meeting in March, compared with 96 per cent a year earlier
http://link.ft.com/r/XYEWFF/Z8M0BA/OJ2XU6/NJDQEE/EKTU91/GX/h?a1=2013&a2=4&a3=5

Facebook stakes claim on rivals' territory

Facebook aims to dominate the time people spend on smartphones – a dynamic it will use to push its advertising business on to Google and Apple terrain
http://link.ft.com/r/XYEWFF/Z8M0BA/OJ2XU6/NJDQEE/IE8HF4/GX/h?a1=2013&a2=4&a3=5

Skilling in talks on early jail release

Justice department says it is 'considering entering into a sentencing agreement' with the former Enron chief executive and asks victims to weigh in
http://link.ft.com/r/XYEWFF/Z8M0BA/OJ2XU6/NJDQEE/FDH194/GX/h?a1=2013&a2=4&a3=5

Samsung unveils quarterly profit boost

The South Korean electronics group gains from stepping up sales of cheap smartphones in emerging markets
http://link.ft.com/r/XYEWFF/Z8M0BA/OJ2XU6/NJDQEE/JQ6B3N/GX/h?a1=2013&a2=4&a3=5

MF Global report blames Corzine

Jon Corzine embarked on a 'risky strategy' of betting on European government debt and ignored 'glaring deficiencies' in controls, the trustee finds
http://link.ft.com/r/XYEWFF/Z8M0BA/OJ2XU6/NJDQEE/20QYM8/GX/h?a1=2013&a2=4&a3=5

SAC insider trading case takes twist

No reason was stated in court filings for the change, but lawyers speculate the switch does not necessarily reflect a change in strategy
http://link.ft.com/r/XYEWFF/Z8M0BA/OJ2XU6/NJDQEE/52JQWZ/GX/h?a1=2013&a2=4&a3=5

Reuters accused of favouring clients

Former employee Mark Rosenblum says he was sacked weeks after he alerted the FBI that certain customers received a two-second advantage over others
http://link.ft.com/r/XYEWFF/Z8M0BA/OJ2XU6/NJDQEE/RP72BT/GX/h?a1=2013&a2=4&a3=5

Bloomberg to pull Twitter into terminals

The system will pull in a select group of tweets, including official accounts of companies, officials at central banks and various other influencers
http://link.ft.com/r/XYEWFF/Z8M0BA/OJ2XU6/NJDQEE/1OEDZR/GX/h?a1=2013&a2=4&a3=5

BP in key hearing on gulf oil spill costs

New Orleans court trying civil case for damages resulting from Deepwater Horizon disaster will on Friday hear arguments over BP's call for injunction
http://link.ft.com/r/XYEWFF/Z8M0BA/OJ2XU6/NJDQEE/HIGTRU/GX/h?a1=2013&a2=4&a3=5

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