Financial Services
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Cyprus Rescue Deal Boosts Markets
March 25 2013 7:08 AM
Global markets breathed a sigh of relief at the last-minute deal to avert the collapse of Cyprus' banks.
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Cyprus Reaches Deal With ECB, EU, IMF On Financial Bailout
March 24 2013 9:15 PM
Just hours away from financial ruin, one of the tiniest countries in the euro zone agreed to severe terms for a financial rescue.
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Cyprus Has Only Hours To Avert Tumbling Over Financial Cliff
March 23 2013 9:45 AM
The world watched Saturday as Cyprus struggled to repair years of financial mismanagement.
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Cyprus OKs Reform To Help Secure Bailout
March 22 2013 6:03 PM
After days of talks, Cyprus realized it had no choice but to accept harsh euro-zone bailout terms, including a one-time bank-deposit levy.
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Cyprus Vents Anger, As EU Weighs New Bailout Plan
March 22 2013 7:31 AM
The EU gauged Cyprus' latest plan to raise money as Russia decides not to help prevent a Cypriot meltdown.
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Troika To Cyprus: Take It Or Leave It, By Monday
March 21 2013 7:28 AM
Cyprus is fast exhausting options to avoid financial ruin as Brussels and Moscow watch it rush to the precipice.
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China’s Corruption Battle: Holding The Tiger By Its Tail
March 21 2013 6:09 AM
China's president is cracking down on "tigers" -- high-level officials – as well as "flies" – low-level officials. It's not going to be easy.
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Again? JPMorgan Downgraded For Management Practices
March 20 2013 9:29 AM
A confidential government scorecard issued a second markdown for the bank in less than a year.
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Russia May Want Cyprus Naval Port For Bailout
March 20 2013 7:37 AM
Cyprus is in intense negotiations with Russian and European Union leaders for help to avoid a financial collapse.
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Cyprus Says 'Hands Off Our Savings'
March 19 2013 4:42 PM
Where the island nation heads now -- seek easier terms from lenders or default on its sovereign debt - is unclear.
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Citi Settles Housing Bubble Suit for $730M
March 19 2013 8:43 AM
The bank, which denied allegations that it misled, said the suit stemmed from its sale of preferred stock and debt from 5/06 to 11/08.
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Blackstone Eyes Buying Dell: Report
March 19 2013 7:50 AM
The New York-based private equity firm may be mulling whether to make an offer for the Texas-based PC maker.
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China Rising: Outbound FDI Shoots Up 147%
March 19 2013 7:13 AM
China's Outbound non-financial investment rose to $18.4 billion in the first two months of 2013.
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How To Build A Better Libor
March 18 2013 12:04 PM
The Libor rate-rigging scandal isn’t unique. Interest rates all over the world are mostly made up.
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Today Cyprus, Tomorrow Italy Or Spain?
March 18 2013 12:02 PM
Cyprus' financial woes are haunting Europe and have a global impact. The question now is how serious this may become.
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IRS Has $917M In Tax Refunds For People Who Haven't Filed Since 2009
March 18 2013 10:50 AM
Refunds of more than $917 million may await an estimated 984,400 taxpayers. Find out if you're one of them.
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JPMorgan Chief Jamie Dimon Still Sitting Pretty
March 18 2013 9:17 AM
The trading scandal is the proverbial water off the duck's back for JPMorgan Chase & Co. chairman.
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Tick, Tock... Cyprus Delays Critical Vote
March 18 2013 8:12 AM
Cypriot lawmakers won't vote on a radical plan to assess a fee on bank depositors' savings until Tuesday.
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Cypriot Leaders Aim To Revise Bank Savings Fee
March 18 2013 7:34 AM
The euro zone bailout of Cyprus is threatening the stability of the monetary union.
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SAC Affiliates Settle 2 Insider-Trading Cases For $615.7M
March 16 2013 10:47 PM
One of the settlements set a record as the largest ever reached in an insider-trading case: $601,747,463.22.
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