BCS

HSBC Could Lay Off Thousands

The restructuring of the financial services industry, which has ranged from 30,000 layoffs at Bank of America Corp. (NYSE: BAC) to cuts at Citigroup...

The Best Deal in Football? Score College Tickets

Maybe the labor fight between the NFL's billionaire owners and millionaire players left a bad taste in your mouth. Maybe the league's average ticket price of $76 is just too much. But whatever the reason, you feel you deserve a deal on football. How about major college tickets?

Bank Earnings Look Good, but Not for Long

Bank earnings are looking pretty good. Barclays announced that it made over $18 billion in 2009. Goldman Sachs had record profits. JP Morgan results were better than expected. Barclays' numbers were driven by assets it bought from Lehman Bros. and sharp improvements at its investment bank. But results from its retail bank operation were weak. So were numbers from its commercial loans. The bank still faces write-offs of leveraged assets on its books. In short, Barclays faces the same problems as most large American financial firms, which could make for a rocky 2010.