ABN AMRO

ING to Cut 2,700 Jobs, Takes Greek Bond Hit

Dutch financial services group ING is to cut 2,700 staff and contract jobs, it said on Thursday in announcing third-quarter results, slashing the headcount at its Dutch retail banking operations by 10 percent in the face of deteriorating markets.

German Business Morale Falls for Fourth Straight Month

German business sentiment slid for the fourth month in a row in October, dipping to its lowest level since mid-2010 and compounding fears the Eurozone debt crisis could push Europe back into recession if a solution is not found soon.

Goldman's Tourre seeks appeal in SEC fraud case

Lawyers for the only Goldman Sachs employee charged over the Abacus subprime mortgage transaction have asked a judge for permission to appeal one of the legal claims U.S. securities regulators brought against him.

Gold Rises with Fears about Pace of U.S. Recovery

Gold rose to a 1-1/2 week high on Friday as investors sought refuge in safe haven assets after a disappointing labour market report from the United States added to mounting fears about the pace of recovery in the world's largest economy

ABN AMRO to cut 2,350 jobs, most in back office

Dutch state-owned bank ABN AMRO said on Friday it would cut 2,350 jobs over the next four years, mostly in back office operations such as IT, as well as in retail and private banking, in a drive to save costs.

ECB resumes bond buys, boosts funds to banks

The European Central Bank resumed buying government bonds from the market and offered a new round of funding to commercial banks on Thursday in response to a worsening euro zone debt crisis.

U.S. bucks global trend of rising inflation

Inflation accelerated in Asia and Europe in March while the United States bucked the global trend with underlying price pressures largely in check, leaving monetary policy on diverging paths around the world.

U.S. inflation contained, bucks global price trend

Inflation accelerated in Asia and Europe in March while the United States bucked the global trend with underlying price pressures largely in check, leaving monetary policy on diverging paths around the world.

Asia, Europe data point to mounting inflation risks

China and India reported higher-than-expected inflation readings on Friday, giving fresh ammunition to central bankers and investors alike who are worried about mounting price pressures in the global economy.

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