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Students paint on the front of a Unicredit bank during a protest against government budget cuts in Milan December 12, 2012. A deepening recession and banking stress tests could find Italy 's mid-sized lenders short of billions of euros, putting the
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Bank consolidations could become more prevalent in 2013, as particularly smaller banks will look for ways to cope with rules and regulations coming out of Washington. That is the observation of Roger Beverage, president and CEO of the Oklahoma
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Their complaints, which will be aired during a hearing on Capitol Hill Wednesday afternoon, follow long-standing concerns that out of the crisis a few behemoths, such as JPMorgan Chase and Wells Fargo, are dominating banking. In the mortgage market,
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It accelerated a decline in the firm's market share in the nearly $5 trillion forex market and contributed to a management shake-up that caused three top executives to leave earlier this year. Stocks get the lion's share of popular attention, but the
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September 9, 2012 Mike Sleaford is president and CEO of Reunion Bank of Florida, based in Tavares. (Tom Benitez, Orlando Sentinel / Sep 09, 2012) Mike Sleaford bid adieu to his job as Colonial Bank's local-market president long before the Alabama-
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It's time for our monthly Q&A session, so let's kick it off with your questions and comments about my June 14 article, " Why the Financial Industry is the Ultimate Liar's Club ." Q: Please talk more about the value of a Glass-Steagall-type "
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Building a Modern, Hamonious and Creative High-Income Society", which was released this week, stated that liberalizing interest rates according to market principles is a priority for China's financial reforms over the next two decades, highlighting
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Treasury Department is weighing the sale of stakes it owns in hundreds of smaller banks, a senior Obama administration official said, potentially accelerating the government's exit from the financial-system rescue. More than three years after the
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Articles These inter-bank ties are increasingly important to a U.S. crackdown on Swiss banks suspected of enabling tax evasion for wealthy Americans, said persons briefed on the matter. The Swiss bankers, indicted on Tuesday, work for Wegelin & Co, a
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Big banks, already suffering amid a storm of consumer scorn, just got another hit: Consumers gave substantially higher marks to smaller banks and credit unions in a new survey measuring customer satisfaction. Credit unions scored a record high 87, on
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