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Why the China/Russia Rapprochement Won't Last

Daniel Wagner | Posted 01.10.2015 | World
Daniel Wagner

Being a big believer in the lessons taught by history, I'm inclined to think that the current 'love fest' between China and Russia will probably have a limited shelf life.

Would Squat-Down Toilets Help Companies Stand Stronger?

Reuters | Kylie MacLellan and Douwe Miedema | Posted 08.08.2012 | Weird News

By Kylie MacLellan and Douwe Miedema LONDON (Reuters) - With investment banks facing an uncertain future, one Nomura shareholder has co...

JPMorgan Chase's Trading Loss Said To Rise At Least 50%

Dealbook | NELSON D. SCHWARTZ and JESSICA SILVER-GREENBERG | Posted 05.16.2012 | Business

The trading losses suffered by JPMorgan Chase have surged in recent days, surpassing the bank’s initial $2 billion estimate by at least $1 billion, ...

U.S. Firms Used Trillions In Cash As A Safeguard From Euro Crisis

Posted 12.08.2011 | Business

U.S. companies sat on their largest pile of cash on record during the third quarter, providing a substantial buffer against any blow that might co...

Global Investment Banks Cutting Back Middle Eastern Operations

Posted 11.18.2011 | Business

(RACHNA UPPAL and DINESH NAIR, Reuters) - Leading global investment banks, including Credit Suisse AG (CSGN.VX), are cutting research staff in the...

Gaddafi's Regime Stored Billions In Goldman, Other Investment Banks

AP | Posted 07.26.2011 | Business

LONDON -- A British lobbying group has released a leaked document showing that several major investment banks, including HSBC, Goldman Sachs, Societe ...

Madoff Trustee Seeks $1 Billion From 7 International Banks

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — Seven global banking institutions enabled disgraced financier Bernard Madoff's Ponzi scheme by "creating and offering derivative inve...