He was caught up in the financial-crisis firestorm. Now he oversees HSBC.

In winning the job at HSBC, Nelson beat out former U.K. finance chief George Osborne and Goldman Sachs partner Kevin Sneader, ...

U.K. Loosens Bank Capital Demands for First Time Since Financial Crisis

British banks will no longer need to hold so much capital, as the U.K. joins the U.S. in unwinding some measures put in place ...

San Diego transit at a crossroads? MTS boasts robust ridership recovery — but faces financial crisis

In a report to the city, MTS officials say looming deficits could derail their progress with service cuts and fare hikes.

St. Louis County faces $81M budget crisis; council, Sam Page clash over solutions

St. Louis County officials warn of bankruptcy after the council rejects Page’s plan, sparking debate over cuts and revenue to ...

Hundreds of hospice beds unused amid financial crisis

Some 380 hospice beds out of around 2,000 lie empty in England because of financial pressures, say bosses. Hospice UK has told BBC News this is up from 300 a year ago and illustrates the severe ...

VW Faces A Financial Crisis That Could Freeze New Models Worldwide

The German group faces a serious cash crunch delaying new investments, freezing future models, and leaving US factory plans hanging in uncertainty ...

Schools, teachers eye millionaires tax as pre-K-12 public ed faces financial crisis

Tight budgets meant the end of a popular preschool program at Westfield High School, so there's reduced career experience, superintendent says.
Politico Europe

EU countries back looser rules for banking practice that fueled 2008 financial crisis

The EU's securitization market collapsed after the financial crisis and remained undersized, in part due to stringent ...
The Economist

Mired in financial crisis, the Houthis resume threats to Saudi Arabia

A UN -brokered ceasefire between the kingdom and the Houthis has largely held for almost four years: the militia has not ...