FOREXLEARNING

U.S. has tax statistics from 10 Swiss banks: report »

ZURICH | Sat Sep 10, 2011 9:39am EDT

ZURICH (Reuters) – U.S. authorities now have statistical data from the ten Swiss banks being investigated by the United States for helping U.S. clients to dodge taxes, Swiss newspaper Neue Zuercher Zeitung reported on Saturday.

TagesAnzeiger, another Swiss newspaper, reported [...]

A decade on, rise of BRICs shaped by September 11 »

By Peter Apps, Political Risk Correspondent
LONDON | Sat Sep 10, 2011 8:07am EDT

LONDON (Reuters) – As his global teleconference broke up in disarray on September 11, 2001, a top economist at a U.S. investment bank began to ponder what the attacks on the United States might [...]

Stocks primed for more volatility »

By Chuck Mikolajczak
NEW YORK | Sat Sep 10, 2011 12:55am EDT

NEW YORK (Reuters) – Investors will grapple with more turbulence surrounding Europe’s deepening debt problems next week and the prospect of another round of dismal data on the faltering U.S. economy.

More volatility is almost guaranteed after [...]

Wall Street tumbles as ECB discord stirs broad fears »

By Edward Krudy
NEW YORK | Fri Sep 9, 2011 10:06pm EDT

NEW YORK (Reuters) – Stocks tumbled more than 2 percent on Friday after the top German official at the European Central Bank resigned in protest of the bank’s bond-buying program, which has been a major tool [...]

Krawcheck seen bidding final adieu to Wall Street »

By Jessica Toonkel and Ashley Lau
NEW YORK | Fri Sep 9, 2011 7:05pm EDT

NEW YORK (Reuters) – Don’t expect to see Sallie Krawcheck at the helm of another Wall Street bank.

After her firing Tuesday from Bank of America’s (BAC.N) wealth management unit, it’s likely the 46-year-old [...]

Exclusive: China c.bank withdraws 20 bln yuan from state lenders »

BEIJING | Fri Sep 9, 2011 4:49am EDT

BEIJING (Reuters) – China’s central bank has withdrawn at least 20 billion yuan ($3 billion) from some state-owned lenders via designated central bank bills, banking sources told Reuters on Friday.

State banks, including Industrial and Commercial Bank of China (1398.HK), [...]

What the Bank of America shake-up means for you »

By Lou Carlozo
NEW YORK | Fri Sep 9, 2011 9:49pm EDT

NEW YORK (Reuters) – The recent executive shakeup at Bank of America followed by reports of massive layoffs at the bank may leave you wondering what the turmoil means for you – either as a client [...]

U.S. readies papers v. Swiss banks on tax evasion »

By Lynnley Browning
Fri Sep 9, 2011 6:39pm EDT

(Reuters) – The United States is drafting legal documents that seek to force nearly a dozen Swiss banks and international banks with Swiss branches to disclose the identities of American clients evading billions of dollars in taxes, sources briefed on the matter said.

The drafting of the documents — [...]

German court upholds injunction against Samsung »

By Nicola Leske
DUESSELDORF, Germany | Fri Sep 9, 2011 7:04am EDT

DUESSELDORF, Germany (Reuters) – A German court upheld an injunction sought by Apple Inc barring Samsung from selling its Galaxy 10.1 tablets in Germany, marking a victory for the U.S. company in its battle across [...]

Global bondholders to decide on Greek swap offer »

By George Georgiopoulos
ATHENS | Fri Sep 9, 2011 4:26am EDT

ATHENS (Reuters) – Investors in Greek government debt worldwide will tell regulators on Friday whether and how they will participate in a bond swap aimed at giving Athens more time to emerge from a debt crisis, with [...]