
Stocks finished with strong gains amid optimism about plans to recapitalize euro-zone banks. Stocks Climb, Led by Banks 4:50 Stocks pushed higher, boosted by expectations of a plan to recapitalize euro-zone banks and helping the Dow post a triple-digit gain. Paul [...]
October 12, 2011 | Posted in
Business |
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Reuters - Since the Occupy Wall Street movement kicked off last month, big banks and their employees seem to have made a point of ignoring it, with some privately writing it off as no more than a badly organized nuisance.[Read more...]
October 11, 2011 | Posted in
U.S. |
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Reuters - Asian stocks rose on Friday and the euro clung to gains from a 2-cent rally after euro zone policymakers moved to shore up struggling banks and fend off a financial crisis.[Read more...]
October 7, 2011 | Posted in
Business |
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Reuters - Asian stocks rose Friday and the euro clung to gains from a 2-cent rally after euro zone policymakers moved to shore up struggling banks and fend off a new financial crisis.[Read more...]
October 7, 2011 | Posted in
Business |
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BERLIN—The European Central Bank unveiled new measures to support banks and prevent a credit crunch from sweeping the euro zone, but stopped short of cutting interest rates to spur an anemic economy, citing too-high inflation. More Trichet Fights for His Legacy Heard on the Street: BOE And ECB [...]
October 6, 2011 | Posted in
Business |
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MANCHESTER, England—The U.K. Treasury said Monday it is to buy billions of pounds of corporate bonds issued by small and medium-sized companies to free up capital for struggling firms unable to tap banks for loans. Enlarge ImageClose Getty Images Chancellor of the Exchequer George Osborne delivers his keynote speech to Conservative party members [...]
October 3, 2011 | Posted in
U.K. |
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The nation’s beleaguered banking industry, which has been raising fees and doing away with free services, has a new target: debit-card users. Bank of America Corp. is laying plans to charge millions of customers a $5 monthly fee to use their debit cards, and other big banks are expected to follow suit. The [...]
September 30, 2011 | Posted in
Business |
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NEW YORK—Bank of America Corp., the largest U.S. bank by assets, plans to charge customers a $5 monthly fee for making debit-card purchases starting early next year, according to an internal memo sent to bank executives Thursday. The fee will apply to many, but not all, customers during any month they use their [...]
September 29, 2011 | Posted in
Business |
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Investors barreled into stocks around the world Tuesday, fueling a third day of gains, on hopes European officials would adopt aggressive measures to end the region’s debt crisis. But, in what has become a commonplace occurrence in recent weeks, the reports of progress in Europe were soon followed by other reports suggesting officials remained [...]
September 28, 2011 | Posted in
Business |
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ATHENS—Greece’s government Tuesday pledged to meet budget goals and avoid default, just ahead of a crucial vote in Parliament on a deeply unpopular property tax the country hopes will help secure further aid from international creditors. The plan to avert a Greek default faces a [...]
September 27, 2011 | Posted in
Top Stories,
World |
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