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Insight: No more easy pickings in Russia's banking market
ReutersMOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for. While players such as Citi and Austria's Raiffeisen thrive, many have found...Tags: Government, Moscow (Russia), Ernst & Young, Credit and Debt, Vladimir Putin
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INSIGHT-No more easy pickings in Russia's banking market
Reuters* Domestic players Sberbank, VTB are hard to beat * Foreign banks have made mistakes in Russia's retail market * Russia remains under-banked compared to BRICs * Investment banks are here to stay By Megan Davies MOSCOW, May 22 (Reuters) - Foreign...Tags: Investments, Government, Moscow (Russia), Credit and Debt, Vladimir Putin
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DBS-Danamon deal hinges on Singapore's invite to Indonesian banks
ReutersSINGAPORE/JAKARTA (Reuters) - Southeast Asia's largest bank merger now depends largely on cooperation between Singaporean authorities and Indonesian politicians. Indonesia's central bank gave Singapore's DBS Group Holdings Ltd its long-awaited approval...Tags: Trade Dispute, Central Bank, Indonesia, Financial and Business Services, Financial Markets
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Entertaining change: Sony to look at activist's spin-off idea
ReutersTOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value....Tags: Japan, Activism, Entertainment, Electronics, Sony Corp.
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Lehman Brothers Holding raises $1.88 bln selling broker claims
ReutersMay 22 (Reuters) - Lehman Brothers Holding Inc, the former investment bank that is working to repay creditors, said on Wednesday it had raised $1.88 billion by selling claims it held against its former brokerage. The holding company said in a statement...Tags: Bankruptcy, Investments, Business Enterprises, Investment Service, Lehman Brothers Holdings Inc.
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UPDATE 1-INTERVIEW-Olympics-Banker Carrion bids for IOC presidency
Reuters(Updates with more quotes and details) By Karolos Grohmann BERLIN (Reuters) - Puerto Rican banker Richard Carrion launched his bid for the presidency of the International Olympic Committee (IOC) on Wednesday, with his long financial experience a...Tags: Federal Reserve, NBC (tv network), International Boxing Federation, International Olympic Committee, Popular Incorporated
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Banker Carrion bids for IOC presidency
ReutersBERLIN (Reuters) - Puerto Rican banker Richard Carrion launched his bid for the presidency of the International Olympic Committee (IOC) on Wednesday, with his long financial experience a powerful pitch in his quest for the world's top sports job. The 60-...Tags: Federal Reserve, NBC (tv network), International Boxing Federation, International Olympic Committee, Popular Incorporated
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Swiss banks fear heavy fines in U.S. tax deal - sources
Reuters* U.S. investigators pursuing banks like Credit Suisse, Julius Baer * Second group of banks could face stiffer penalties - source * UBS already paid $780 mln fine in 2009 * Settlement could hit smaller banks hardest - source By Katharina Bart and...Tags: Fines, UBS AG, Zurich (Swiss Confederation), Swiss Confederation, Financial Markets
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Swiss banks fear heavy fines in U.S. tax deal: sources
ReutersZURICH (Reuters) - Swiss banks fear heavy fines they expect to pay to settle a long-running dispute with U.S. authorities over helping wealthy Americans evade tax could hit smaller lenders particularly hard, sources said. Finance Minister Eveline Widmer-...Tags: Fines, UBS AG, Zurich (Swiss Confederation), Swiss Confederation, Financial Markets
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Casa D'Angelo cooks up hope for girls with 'A Taste of Italy'
PACE Center for Girls Broward concludes its 20th anniversary year celebrations with "A Taste of Italy" dinner and wine auction June 4 at Casa D'Angelo Ristorante. Chairing this 11th annual event is Vanessa Serrano. The evening begins at 6 p.m. with a...Tags: Italy, Bank of America Corp., Lifestyle and Leisure, Dining and Drinking, Broward County
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FACTBOX - Draft EU rules to cap bankers' bonuses
ReutersMay 21 (Reuters) - The European Banking Authority (EBA) on Tuesday published draft rules on how national regulators in the European Union must decide which bankers will have their bonus capped from 2014. The EBA launched a public consultation until Aug....Tags: Career and Workplace, European Union, Employees
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EU watchdog unveils caps for bank bonuses
ReutersBy Huw Jones LONDON, May 21 (Reuters) - EU regulators confirmed on Tuesday they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash. The headline figure was leaked last...Tags: Politics, European Union, International Organizations, PricewaterhouseCoopers
May 21, 2013
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May 22, 2013
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May 22, 2013
|Story| South Florida Sun-Sentinel
May 21, 2013
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May 21, 2013
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