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FACTBOX-Foreign banks in Russia
ReutersMay 22 (Reuters) - Foreign banks that once treated Russia as an undiscovered country where easy money could be made are now finding it a cut-throat market tougher than some bargained for. To follow is some background about foreign banks in Russia:...Tags: Moscow (Russia), Investments, Goldman Sachs Group, Inc., Financial Markets, Mikhail Prokhorov
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Insight: No more easy pickings in Russia's banking market
ReutersMOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for. While players such as Citi and Austria's Raiffeisen thrive, many have found...Tags: Government, Goldman Sachs Group, Inc., France, Economy, Business and Finance, Ernst & Young
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INSIGHT-No more easy pickings in Russia's banking market
Reuters* Domestic players Sberbank, VTB are hard to beat * Foreign banks have made mistakes in Russia's retail market * Russia remains under-banked compared to BRICs * Investment banks are here to stay By Megan Davies MOSCOW, May 22 (Reuters) - Foreign...Tags: Government, Goldman Sachs Group, Inc., France, Economy, Business and Finance, Credit and Debt
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DBS-Danamon deal hinges on Singapore's invite to Indonesian banks
ReutersSINGAPORE/JAKARTA (Reuters) - Southeast Asia's largest bank merger now depends largely on cooperation between Singaporean authorities and Indonesian politicians. Indonesia's central bank gave Singapore's DBS Group Holdings Ltd its long-awaited approval...Tags: Economy, Business and Finance, Central Bank, Finance, Financial Markets, Financial and Business Services
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FACTBOX - Draft EU rules to cap bankers' bonuses
ReutersMay 21 (Reuters) - The European Banking Authority (EBA) on Tuesday published draft rules on how national regulators in the European Union must decide which bankers will have their bonus capped from 2014. The EBA launched a public consultation until Aug....Tags: Career and Workplace, Employees, European Union
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EU watchdog unveils caps for bank bonuses
ReutersBy Huw Jones LONDON, May 21 (Reuters) - EU regulators confirmed on Tuesday they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash. The headline figure was leaked last...Tags: International Organizations, Politics, PricewaterhouseCoopers, European Union
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COLUMN - How much does Jamie Dimon matter?
ReutersBy Bethany McLean May 21 (Reuters) - So today is the day. After weeks of near-constant coverage of the big decision - will JPMorgan Chase shareholders keep Jamie Dimon as chairman and CEO or relegate him to just CEO? - the verdict came at JPMorgan's...Tags: Rupert Murdoch, The New York Times, Sherrod Brown, Finance, Warren Buffett
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NY art dealer tied to forgeries charged with tax fraud
Reuters* Art dealer charged with hiding income from art sales * Prosecutors say many works that were sold were forged * Dealer said to sell works by de Kooning, Pollock, Rothko By Jonathan Stempel NEW YORK, May 21 (Reuters) - Federal prosecutors on Tuesday...Tags: Internal Revenue Service, Laws, Arts, Fine Arts, Jackson Pollock
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Authorities: Woman who posed as drug counselor pleads guilty to forgery
Special to the TribuneA woman who authorities say posed as a licensed drug councilor in Glencoe will be sentenced in June on charges that she committed forgery when she deposited insurance company checks to her bank account, even though the checks were made out to the father...Tags: Fakes, Hoaxes, and Impostors, Glencoe, McHenry, Skokie, Punishment
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Floridians get so far more than $8.6B from mortgage settlement
Sun SentinelThe historic settlement involving the nation's five largest mortgage lenders has so far helped nearly 112,000 struggling Florida homeowners for an average $77,341 in relief, according to a new report released Tuesday. The relief so far totals more...Tags: Pam Bondi, Human Interest, Bank of America Corp., Mortgages, JPMorgan Chase & Co.
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Is Sony un-Japanese enough to entertain change?
ReutersBy Tim Kelly TOKYO, May 22 (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favours long-standing ties with banks, business partners and workers rather than...Tags: Tokyo (Japan), Sony Corp., Prices, Shareholders, Science and Technology
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Robber turned away at bank, so he robbed CVS, police say
A robber who walked away from a bank empty-handed Monday went across the street to a drugstore and robbed it at gunpoint, Orlando police said. The man, wearing sunglasses and a ball cap, walked into Bank of America, 2893 S. Orange Ave., about 12:45 p.m.,...
Tags: CVS Corp., Bank of America Corp., Theft
May 21, 2013
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|Story| South Florida Sun-Sentinel
May 21, 2013
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|Story| Orlando Sentinel
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