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Credit Suisse Posts First Loss in Three Years on Revamp - Credit Suisse Group AG, the second- biggest Swiss bank, said it had a loss in the fourth quarter for the first time since 2008, hurt by “adverse” markets and costs to reorganize the investment bank.
Auteur : businessweek-com Il y a 1 hour
Europe Stocks Gain Amid Greece Aid Talks; Treasuries Advance - European stocks rose for the first time in four days as regional finance ministers prepared for talks on a Greek bailout. Treasuries gained and the cost of insuring against default increased.
Auteur : businessweek-com Il y a 8 hours
Draghi's First 100 Days Presage Aid to Avoid Greek Default - In his first 100 days as European Central Bank President, Mario Draghi has taken unprecedented action to tackle the sovereign debt crisis. Greece may push him even further into unknown territory.
Auteur : businessweek-com Il y a 10 hours
China Holiday Inflation Pickup May Limit Easing Room: Economy - China's inflation unexpectedly accelerated in January on the boost to spending from a week-long holiday, limiting room for monetary easing as Europe's debt crisis damps exports and the property market cools.
Auteur : businessweek-com Il y a 11 hours
Deutsche Bank Said to Cap Immediate Bonuses at 200,000 Euros - Deutsche Bank AG, Germany's largest lender, told employees it will impose a 200,000 euro ($266,000) cap on bonuses paying out this year, said three people with knowledge of the discussions.
Auteur : businessweek-com Il y a 14 hours
JPMorgan to Pay $110 Million in Overdraft Fee Case - After numerous customers accused JPMorgan Chase of gouging them on debit-card transactions in checking accounts, the bank had sought to make them arbitrate claims
Auteur : businessweek-com Il y a 2 days
China Risks 4-Point Growth-Rate Cut If Europe Worsens: Economy - China's economic expansion would be cut almost in half if Europe's debt crisis worsens, a scenario that would warrant “significant” fiscal stimulus from the nation's government, the International Monetary Fund said.
Auteur : businessweek-com Il y a 2 days
National Australia First-Quarter Cash Profit Rose 7.7% - National Australia Bank Ltd. said first-quarter cash profit rose 7.7 percent as the nation's best- performing banking stock in the past 12 months boosted its share of the mortgage market.
Auteur : businessweek-com Il y a 3 days
Bernanke Says He Won't Tolerate Inflation to Boost Employment - Federal Reserve Chairman Ben S. Bernanke defended the central bank's newly established price goal and rejected suggestions he was prepared to allow higher inflation to create jobs.
Auteur : businessweek-com Il y a 3 days
Swiss Must Kill Bank Secrecy, Revise Deals, EU Tax Chief Says - Switzerland must eliminate banking secrecy and renegotiate tax accords with the U.K. and Germany that clash with regional initiatives, according to European Union Tax Commissioner Algirdas Semeta.
Auteur : businessweek-com Il y a 3 days
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