Evening Wrap: today's top business stories

News stories from around the web.

New Statesman

US accuses HSBC of ignoring foreclosure law (FT)

HSBC put thousands of homeowners at greater risk of losing their properties, Eric Schneiderman New York attorney-general, claimed on Tuesday in a lawsuit against the bank.

IBM and Salesforce strike cloud computing deals (FT)

IBM on Tuesday said it would acquire privately held cloud computing group SoftLayer Technologies, in the latest deal to demonstrate the ballooning value of software-as-a-service technology companies.

Families to be £1,800 a year worse off by 2015, IFS says (BBC)

The average middle-income family in Britain is likely to be nearly £1,800 a year worse-off by 2015, according to the Institute of Fiscal Studies (IFS).

France risks being left behind by periphery if it does not reform (Telegraph)

France must implement sweeping labour reforms or risk being left behind by bailed-out countries such as Greece and Portugal that are quickly regaining competitiveness, the International Monetary Fund has warned.

Fifth of Britons 'want to ban' Google Glass (Telegraph)

A new study has revealed that one in five people want to ban Google Glass from sale in the UK, highlighting the British public's concern over the privacy implications of the device.