FRANKFURT (Reuters) – Deutsche Bank on Saturday denied a magazine report that its financing of a Greek trade deal seven years ago was „questionable.”
Archive for Marzec 6th, 2010
Deutsche Bank denies Greek financing questionable
China steel sector faces tough restructuring: executive
BEIJING (Reuters) – China’s huge and fragmented steel sector is facing a painful period of restructuring and only the best companies will survive, the head of one of the country’s biggest mills said on Saturday.
Greek drama needs political solution, even IMF: Italy
ROME (Reuters) – The crisis in Greece affects the whole of Europe and requires a political solution, which could even include a role for the International Monetary Fund (IMF), Italy’s Economy Minister Giulio Tremonti said on Saturday.
Iceland votes over foreign debts, economy at risk
REYKJAVIK (Reuters) – Icelanders voted in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding „No” set to further delay foreign aid and hopes for economic recovery.
China wants yuan in SDR in 2015: report
TOKYO (Reuters) – China is pushing for the yuan to be added to the basket of currencies that comprise the IMF’s special drawing rights, aiming for its inclusion in 2015, Japanese daily Sankei Shimbun said on Saturday.
GM to pay vice chairman Girsky $5 million
NEW YORK (Reuters) – General Motors will pay Stephen Girsky, recently appointed vice chairman in charge of corporate strategy and business development, around $5 million a year, mainly in stocks, the company said on Friday.
Bulls may extend rally from March 2009 lows
NEW YORK (Reuters) – Bulls may get more room to run next week on the anniversary of the March 2009 lows — if U.S. stock investors see more signs of stability after Friday’s rally on smaller-than-expected job losses.
Regulators close banks in four states
WASHINGTON (Reuters) – U.S. bank regulators closed four banks in as many states on Friday, bringing the number of failures so far this year to 26 as deteriorating loans continued taking a toll on financial institutions.
Barclays says D.E. Shaw owes it $15 million
NEW YORK (Reuters) – Barclays Capital Real Estate sought a summary judgment against hedge fund D.E. Shaw, saying it was owed $15 million stemming from a loan default, according to court documents seen on Friday.