BOSTON (Reuters) - For the rare comeback story among money managers, look to MFS Investment Management, one of the oldest names in the mutual fund business but also one of the most battered after the Internet bubble popped in 2000. Getting caught up in the industry's trading scandals just as stocks recovered only made matters worse.
Reuters
U.S. charges 24 people in massive hacking sting
NEW YORK (Reuters) - U.S. law enforcement officials on Tuesday said 24 suspected hackers had been arrested in a sting operation spanning four continents that targeted online financial fraud of stolen credit card and bank information.
Boeing taps salesman Conner to run commercial planes
SEATTLE (Reuters) - Boeing Co appointed a new head of its commercial plane unit on Tuesday, turning to a veteran engineer-turned-salesman to help gain the upper hand in its battle with Airbus for the $100 billion-a-year aircraft market.
Citi fills global retail role with Larsen in Hong Kong
HONG KONG (Reuters) - Citigroup Inc has named Jonathan Larsen as global head of its retail bank, filling the position for the first time with an Asia-based banker.
