Greece could avoid slashing wages and pensions more to reduce its deficit if it steps up tax collection, the International Monetary Fund said Thursday.
Thursday, February 28, 2013
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Bailed-out Spanish banking giant Bankia suffered a loss of 19 billion euros ($25 billion) in 2012, it said in an earnings statement Thursday.
Thursday, February 28, 2013
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State-rescued Royal Bank of Scotland said Thursday that net losses almost tripled to £5.97 billion in 2012, when it was hit by compensation payouts, Libor rate-rigging fines and a vast accounting charge.
Thursday, February 28, 2013
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The European Union has reached a deal to cap bankers’ bonuses, which critics say played a major role in driving the financial crisis, officials said on Thursday.
Thursday, February 28, 2013
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State-rescued Royal Bank of Scotland said Thursday that net losses almost tripled to £5.97 billion in 2012, when it was hit by compensation payouts, Libor rate-rigging fines and a vast accounting charge.
Thursday, February 28, 2013
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Asia has more billionaires than any other continent, followed by North America and Europe, according to a survey by a China-based wealth magazine released on Thursday.
Wednesday, February 27, 2013
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Africa and Asia are leading a global boom in the use of “mobile money” as millions turn to their mobile phones instead of coughing up cash or handing over credit cards.
Tuesday, February 26, 2013
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US banking giant JPMorgan Chase plans to axe up to 19,000 jobs by the end of 2014 as it seeks to rein in costs, the company said Tuesday in an investor presentation.
Tuesday, February 26, 2013
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Asian markets mostly fell on Tuesday, with dealers spooked by an election in Italy that left no clear winner, leading to political uncertainty and fresh fears about eurozone stability.
Monday, February 25, 2013
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Diego Maradona on Monday ended his more than two-decade exile from Italy, where he famously led Napoli to their sole titles in the Serie A football championship.
Thursday, February 28, 2013
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