U.S., Switzerland Reach Agreement on UBS Tax Suit (Update1) – Bloomberg.com. The U.S. and Switzerland reached an agreement in principle to settle a Justice Department
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FT.com / Lex / Financial services & property – Ireland’s bad banks. The Irish government has outlined a scheme for its bad bank agency Wouldn’t
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FT.com / Companies / Banks – Tarp banks award billions in bonuses. Citigroup and Merrill Lynch, which lost $55bn in 2008, between them paid 1,400
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The FT has reported: Visa, the world’s largest electronic payments network, on Wednesday reported higher third-quarter profit as consumers increasingly turned to credit, debit and
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The FT has reported: Sir Win Bischoff, the veteran British banker, is to become the new chairman of Lloyds Banking Group from September. The 67-year-old
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The FT has noted: Accounting rules probably understated, not overstated, the losses embedded in the financial system, according to a report on Tuesday from an
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It’s probably not going to win any musical awards, but the sentiment is sound, and wholly justified:   My guess is she’s one of at
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The FT has reported: UBS shares outperformed the Swiss market strongly on Thursday as investors digested the latest twist in the battle of wills between
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The FT has noted: Wanted: old banking hand with a halo to take on high pressure role in the political spotlight. The emergence of Sir
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