CreditSuisse

'Dark Pools': Are Hidden Trades Undermining the Stock Market?

When the market closing bell rings, you may believe trading activity ends for the day. But behind the scenes, stock trading continues in "dark pools": secondary stock markets that operate out of sight of the average investor and beyond the reach of regulators.

Trusted Betty White Promoting Risky Investments

At 89, Betty White is America's sweetheart. This elder stateswoman of show business was recently named the country's most trusted celebrity -- and she's just thrown her prestige behind William Page and Associates' "life settlements."

UBS Joins Growing List of Bank Layoffs

In a cost-cutting move, Swiss banking giant UBS announced that it would trim 3,500 people from its workforce. Most of the cuts, which are expected to save $2.5 billion in annual costs, will be in the firm's underperforming investment banking unit. It's the latest in a string of big bank layoffs. Who could be next?