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Top banks say they are not too big to failNine of the largest global banks on Tuesday expressed confidence they can be salvaged or dismantled without taxpayer bailouts if they became insolvent, as US regulators released public portions of these banks' "living wills". The documents More… |
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17 global banks get downgrade warningMoody's has warned it may cut the credit ratings of 17 global and 114 European financial institutions in another sign that the impact of the euro zone government debt crisis is spreading throughout the global financial system. The US More… |
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Top banks cut Mena research rolesLeading global investment banks, including Credit Suisse AG, are cutting research staff in the Middle East to save costs amid tough global conditions and a dearth of work in the region. Japan's largest investment bank Nomura has shut d More… |
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Top banks cut Mena research rolesLeading global investment banks, including Credit Suisse AG, are cutting research staff in the Middle East to save costs amid tough global conditions and a dearth of work in the region. Japan's largest investment bank Nomura has shut d More… |
