trust

Survey: We Don't Trust Global Business Leaders to Tell the Truth

Public trust in business, government and media leaders and has fallen in the wake of financial and political scandals, a new global survey reveals. Among the most glaring results: Fewer than 1 in 5 of us trust business leaders to tell the public the truth.

Taxes on Big Gifts Slated to Soar

Wealthy Americans are scrambling to transfer some of their riches before the end of the year when gift and estate taxes are set to jump. But be careful, warn the experts: Not everyone who can shift their money to the next generations right now should do it.

Planning for Trouble: Money and Estate Tips for Every Age

Many people put off doing estate planning on the grounds that it's too complicated. But it's not that difficult, and the right moves can save both you and your family a lot of trouble down the road. Here are a few things to keep in mind for the various stages of your life.

Fewer Than 1 in 4 Americans Trust U.S. Financial System

Americans are growing even more distrustful of their financial institutions. The latest figures from the quarterly Chicago Booth/Kellogg School Financial Trust Index showed that only 23% of those surveyed said they trust the country's financial systems, down from 25% in June.

Trust in Banks Falls Back to Financial Crisis Lows

Americans' overall trust in the nation's financial system has dropped from 26% to 20%, a level that matches the lows recorded during the heart of the financial crisis in late 2008, according to the latest results from the Chicago Booth/Kellogg School Financial Trust Index.

'Jobs for Life' Make a Comeback in Germany

With U.S. unemployment at 9.8%, its easy to envy workers in countries where many companies guarantee jobs for life. And while the number of Japanese workers with such guarantees is shrinking, in Germany, it's rising rapidly. Could U.S. companies take a page out of the jobs-for-life handbook?

U.S. Bancorp to Buy Bank of America's Trust Division

U.S. Bancorp agreed to pay as much as $35 million in cash for Bank of America's securitization trust administration units in the U.S. and Europe. The deal is part of the U.S. Bank parent company's efforts to expands its corporate trust business.

Will a Family Feud Slice and Dice Benihana?

The Japanese-style steakhouse chain is famous for its whirring cutlery, flying meat and flaming piles of onion slices, but recently the excitement has spread from the dining room to the boardroom as a struggle for power threatens to put the company up for sale.