Richard Reid

Richard Reid News

  • Abu Hamza Deployed Mosque Followers in Attacks, U.S Says

    An Islamic cleric who preached at London’s Finsbury Park Mosque deployed followers for terrorist activities including a deadly hostage-taking and an attempt to set up training camp in Oregon, a prosecutor said.

  • Biggest Banks Face Tougher Basel Rule on Risk Concentration

    Banks identified as systemically important to the global economy face tighter rules on how much business they can do with each other as part of a push to limit the chance a single failure would drag down multiple lenders.

  • EU Senior Bank Creditors Face Losses as Parliament Votes

    Senior unsecured creditors in European Union banks may be forced to take losses before public money can be injected to prop up a lender, as lawmakers vow to prevent a recurrence of the bailouts that followed the collapse of Lehman Brothers Holdings Inc.

  • Muslim Preacher Faces Trial a Decade After Terror Charges

    Abu Hamza al-Masri, the Islamic cleric accused of aiding an al-Qaeda affiliate’s deadly attack in Yemen and trying to start a terrorist training camp in Oregon, said he plans to testify in his own defense at a trial almost a decade after the U.S. sought his extradition.

  • Bin Laden Son-in-Law Guilty of Aiding Al-Qaeda After 9/11

    Osama bin Laden’s son-in-law, the most senior al-Qaeda member to be tried in a U.S. civilian court, was convicted of aiding the group after the Sept. 11, 2001, attacks by helping bring in new recruits and serving as a spokesman in fiery speeches broadcast around the globe.

  • Bin Laden Relative Helped Al-Qaeda Recruit, U.S. Says

    Osama bin Laden’s son-in-law willingly agreed on Sept. 11, 2001, to speak on behalf of al- Qaeda in statements and videos to help attract new recruits and suicide bombers, a prosecutor told a federal jury in New York.

  • Bin Laden’s Son-in-Law Says He Taught Mercy to Recruits

    Osama bin Laden’s son-in-law told a federal jury that he didn’t have any role in terrorist plots and instead, at the behest of the al-Qaeda leader, preached to recruits at an Afghanistan training camp in 2001 to have “merciful hearts.”

  • Shoe Bomb Plots Revealed at Bin Laden Son-in-Law’s Trial

    A U.K. man who admitted he plotted to bomb passenger jets with explosives hidden in his shoes told a Manhattan federal jury he “brainstormed” with Osama bin Laden and Khalid Sheikh Mohammed, the self-proclaimed mastermind of the Sept. 11, 2001, terrorist attacks.

  • Big Banks Halved Basel Capital Gap in First 6 Months of 2013

    The largest global banks halved the shortfall in the capital they will need to meet Basel rules in the first six months of 2013, leaving a gap of 57.5 billion euros ($79 billion).

  • Basel Regulators Ease Leverage-Ratio Rule for Banks

    Global regulators diluted a planned debt limit for banks amid warnings that the rule would penalize low-risk financial activities and curtail lending.

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