Monday, February 12, 2007

Global transactions bulk up Deutsche Bank’s profits

Global transactions bulk up Deutsche Bank’s profits

BY ARINDAM NAG OF DOW JONES NEWSWIRES

The Business

10 Feb 2007



Anyone tracking Deutsche Bank’s performance with an eye on a good long-term bet needs to look at a part of its business which generates few headlines: its global transactions business (GTB) is in the third year of a robust recovery, boasting a 66%... read more...
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Greek banks prepare for war

Greek banks prepare for war

BY HELEN DUNNE

The Business

10 Feb 2007



THE GREEKS are better known for their tragedies than their farces; but the current € 6bn (4bn, $7.9bn) spat in its banking sector has unexpectedly emerged as the most exciting financial services battle in Europe. This unlikely tale began last month... read more...
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Monday, February 05, 2007

Markets cannot bank on rates holding

Markets cannot bank on rates holding

Larry Elliott Economics editor

The Guardian

05 Feb 2007



Once bitten, twice shy. Having been caught napping by the Bank of England’s surprise increase in interest rates early in the new year, the City is a bit more circumspect this month. The smart money is on the Monetary Policy Committee (MPC) keeping its... read more...
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Thursday, February 01, 2007

Behind Citigroup’s Sears problem

Behind Citigroup’s Sears problem

By Robin Sidel And Clint Riley

The Wall Street Journal Europe

31 Jan 2007



Citigroup Inc. went on a buying spree at Sears more than three years ago. Now, it needs other shoppers to do the same. Top executives of Citigroup, grappling with high expenses and disappointing performance in some businesses, are singling out the... read more...
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Muted German inflation may not prevent ECB from raising rates

Muted German inflation may not prevent ECB from raising rates

By Joellen Perry

The Wall Street Journal Europe

31 Jan 2007



FRANKFURT—Lower oil prices helped offset a hefty tax increase to keep German inflation below expectations in January, a signal that inflation across the euro area could remain muted this month. Still, the data are unlikely to sway the European Central... read more...
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