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Directors of failed finance company Capital + Merchant are facing criminal charges and civil action, which could open the door to a class action by investors trying to recover some of the $167 million lost when the company collapsed.

Public sector lenders Bank of Baroda and Andhra Bank on Friday floated a life insurance company in joint venture with UK-based risk, wealth and investment firm Legal & General.

In 1981, when Sir Geoffrey Howe revealed what was later described as the most important Budget of the Thatcher era, the number of pages in the Finance Act implementing all the tax changes came to the princely sum of 144.

Janet Frank earned more than $1.6 million, then quit after two years. She later took a higher-paying job with a competitor. After its president was ousted in a scandal, California's government-run insurance company hired Janet Frank to clean up the mess,

WALNUT CREEK, CA--(Marketwire - 03/17/10) - Local African-American, Asian/Pacific and Hispanic college students from the San Francisco Greater Bay Area will have a chance to win scholarships and internship opportunities in the financial services field as