Bank of France forecasts first quarter growth of 0.5 percent Business Report | Submit your comment | France's central bank on Monday forecast growth of 0.5 percent in the first quarter of 2010, a slight increase on previous official estimates, as the country's fragile recovery gains strength. - Sapa-AFP | ...
Barclays star Roger Jenkins back hunting for banks The Times | ROGER JENKINS, the former high-flying Barclays executive, is plotting a series of deals focused on Ireland's troubled banks. He is working on plans to buy portfolios of distressed loans or property assets that are currently destined to fall into the hands of the Irish government. Jenkins is also e...
Samba on London's South Bank The Guardian | Summer-long Brazilian culture festival will be the South Bank arts complex's most elaborate festival to date | The Southbank's Brazilian festival aims to bring culture from the South American country to London with art, music, theatre, food and coc...
Banks see common sense, not rules, as key to safety Khaleej Times FRANKFURT - Banks keen to look beyond capital ratios for safety are embracing an integrated approach to managing risk in the post-crisis world, with Deutsche Bank and BBVA among those reworking strategies. | After surveying 28 chief risk officers at ...
Bank chief holds key to Europe's crisis Pittsburgh Post-Gazette | FRANKFURT -- Whether he likes it or not, Jean-Claude Trichet is not just the president of the European Central Bank. Mr. Trichet, 67, is also the de facto president of Europe, at least for the 16 nations that rely on the euro as their common curren...
Bank of England panel condemns draft EU hedge fund legislation The Times | Draft European Union legislation designed to regulate the hedge fund industry would trigger "systemic failure and widespread market disruption" if it became law. | Those are the findings of the Financial Markets Law Committee (FMLC), which was esta...
AP / Keystone, Alessandro Della Bella
Germany Weighs Purchase of Swiss Bank Data by Informant The New York Times | BERLIN - An informant is offering to sell the German authorities details of 1,500 individuals who allegedly have untaxed income stashed away in Swiss bank accounts, the Finance M...
Dining out doesn't mean you have to break the bank The Providence Journal | Eating out is a great way to celebrate a special occasion, get together with old friends, go on a date or just be a change of pace. However, eating out can get expensive very fas...
India Raises Banks' Reserve Requirements The New York Times | NEW DELHI - Hoping to tamp down inflation without stalling economic recovery, the Indian central bank acted cautiously on Friday by increasing banks' reserve requirements but lea...
History comes full circle as Swiss bank secrecy shudders Inquirer | GENEVA, Switzerland—After relentless international pressure on Swiss banking secrecy, history came full circle last week when Germany decided to use stolen bank data to corner taxpayers with money hidden in Switzerland. | Weary Swiss bankers tried ...
G7 reassures on Greece, talks tough on banks DNA India | Iqaluit(Canada): Reassurances about debt-strapped Greece and agreement that banks should pay for future rescue funds capped an international meeting in Canada's Arctic, as European policymakers sought to convince jittery markets that they have ...
Swiss Bank Accounts The New York Times | To the Editor: | I take issue with your editorial suggesting that the Swiss government may not honor its agreement with the United States government regarding disclosure of certain UBS account records ("Is a Swiss Deal a Deal?," Feb. 1). | Both the...
Financials Push Stocks Lower Wall Street Journal By KRISTINA PETERSON | NEW YORK—U.S. stocks opened the week with a modest drop, weighed by financials as investors struggled with nagging concerns over sovereign debt in Europe and U.S. government proposals to regulate banks. | The Dow Jones Industrial Average was down 40, or 0.4%, at 9972, in recent trading. Financials components led the mea...
Earnings Preview: Coca-Cola 4Q results Breitbart NEW YORK P)—Coca-Cola Co. reports earnings for its fiscal fourth quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period. | OVERVIEW: Coca-Cola, the world's biggest beverage marker, is aiming to reinvigorate itself in the coming decade by getting more people in developing countries to buy it...
