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Companies did a lot of firing last year and were more imaginative than ever in telling it like it is not. Most famously, HSBC “demised” its managers, Reuters caused staff to be “transitioned out of the company”, while other businesses “disestablished” or even “completed” roles.

Each January for the past eight years I have handed out prizes to the finest, freshest examples of corporate guff spoken or written in the preceding 1(...)

Irish manufacturing activity grew for the seventh straight month in December and at a faster pace than in November, ending the year on a high following the bailout exit. Photo: Alan Betson, Irish Times

Ireland’s manufacturing sector ended 2013 on a positive note as growth of output and new orders gained momentum last month. Activity grew for t(...)

 Shares in the bank were down 0.2 per cent 657.8 pence, underperforming a slightly firmer Europe banking index. Photograph : Joe Giddens/PA Wire

HSBC played down a report yesterday it was considering listing a third of its British retail and commercial banking arm in order to meet UK regulation(...)

European Union competition commissioner Joaquin Almunia addresses a news conference at the EU Commission headquarters in Brussels. Photograph: Yves Herman/Reuters

Royal Bank of Scotland and Barclays are among a raft of global banking giants involved in a record €1.7 billion settlement with European regulators in(...)

 Bernard Madoff pleaded guilty in 2009 to orchestrating what prosecutors described as the biggest Ponzi scheme in history, using $65 billion in real and artificial assets. He admitted using money from new clients to pay off earlier investors and was sentenced  to 150 years in prison. Photograph: Lucas Jackson/Reuters

The Irish arm of HSBC bank is being sued for more than half a billion dollars arising from the Ponzi scheme run by jailed US fraudster Bernard Mado(...)

A computer screen showing stock information is seen next to investors at a brokerage house in Haikou, Hainan province today. China shares ended a choppy Monday on a weaker note, as investors took profit on outperformers this year in anticipation that initial public offering reforms will divert funds to new listings. Photograph: China Daily/Reuters

Asian shares and the dollar trod water today, as investors cautiously awaited key US data this week after a decent reading on China manufacturing calm(...)

About 25 marts are owed money by TLT International. 	Photograph: Provision About 25 marts are owed money by TLT International. 	Photograph: Provision

The chances of marts getting paid in the receivership of livestock exporter TLT International are getting slimmer by the day, ICOS, the umbrella group(...)


Faced with the seemingly impossible task of being “ethical”, many business leaders stick to meeting legal requirements. Yet avoiding what is strictly (...)

JP Morgan Chase & Co agrees a $13 billion settlement, the biggest civil settlement with any single company

JP Morgan Chase, the biggest bank in the US, agreed a record $13 billion settlement with regulators on Tuesday, ending months of tense negotiations wi(...)

TLT International exported more than €30 million worth of livestock every year – about 30,000 cattle, some 60,000 sheep and a smaller number of pigs.

Some marts are owed between €300,000 and €400,000 for cattle bought by TLT International, the livestock exporter which went into receivership late las(...)

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