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Commerzbank Reaches Agreement On 5,200 Job Cuts
Financial Markets 14 hours ago
As part of the strategic agenda announced in November 2012, the Commerzbank will cut a total of 5,200 full-time equivalents by 2016.
Bernanke Is 'The Ultimate Lame Duck'
Financial Markets 14 hours ago
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Wall Street Trading Desks Defying Curse
Wall Street firms, buoyed by record stock-market prices and high-yield bond issuance, probably will report a jump in second-quarter trading and investment-banking revenue from the same period a year ago.
Hollywood Howls In 'The Wolf of Wall Street'
It's sex, drugs and swindle in Hollywood's latest depiction of Wall Street as the capital of villainy.
BofA Should Face Probe, Deutsche Settles 'Slumlord' Suit
Bank of America should be investigated for its treatment of distressed homeowners, said Representative Maxine Waters, the top Democrat on the House Financial Services Committee.
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US Back On Top: Created Most Millionaires In 2012
The population of millionaires worldwide surged by 9 percent last year, growing to 12 million, according to a report.
Obama 'Essentially Fired' Bernanke: Meyer
President Barack Obama "essentially fired" Fed Chairman Ben Bernanke in televised remarks this week, former Federal Reserve Governor Laurence Meyer says.
Mervyn King Made 'Series Of Misjudgements'
Economist and former member of the Bank of England's (BoE) Monetary Policy Committee, Adam Posen said while outgoing governor of the BoE Mervyn King will be remembered as being a great public servant, he made a series of misjudgements which he has to take account for.
Nomura Cutting Heads, Jefferies Profit Declines
Nomura plans 'some redundancies' in its Australian equities business in line with its global strategy, according to a memo obtained by Bloomberg News.
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