When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the ... Read More
There were hopes on Thursday that Greece and the eurozone might be edging toward a deal after Prime Minister Alexis Tsipras, attending his first European Union summit, agreed for ... Read More
2014: Good performance by the businesses, contribution up +3.5% Net banking income: EUR 23.6bn, +5.0%* vs. 2013 Stable business net banking income: -0.5%* vs. 2013 Good control of operating ... Read More
Credit Suisse Group AG swung to a fourth-quarter profit, announced additional asset reductions and proposed investors choose whether to receive their dividend in shares or cash for 2014 amid ... Read More
All eyes are on the Eurogroup meeting that kicks of at 7 p.m. on Wednesday with EU partners waiting with baited breath to see how the chips will fall ... Read More
The Greek defence minister has said Greece could turn to the US, Russia or China if it fails to reach a new debt agreement with the eurozone. Panos Kammenos, ... Read More
Today February 10, U.K. Chancellor of the Exchequer George Osborne discussed the risks of a “Grexit” and how he’s planning ahead to deal with any outcome. He speaks to Bloomberg’s ... Read More
2014 net profit attributable to shareholders up 13% to CHF 3.6 billion; diluted EPS CHF 0.94 Ordinary dividend of CHF 0.50 per share proposed for the financial year 2014 ... Read More
China’s Consumer-Price Index Rose 0.8% in January From a Year Earlier Inflation in China fell to a five-year low in January, spurring calls from economists for more stimulus measures ... Read More
Money laundering statures have a very broad ambit and the duty is firmly on banks and financial institutions to “Know their clients” and to avoid transactions that may assist ... Read More
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