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NEW YORK (Reuters) - Andrew Hall, the trader behind Phibro LLC, the energy trading arm of beleaguered bank Citigroup , is quietly pushing for a "quiet divorce" from his parent company and has had preliminary talks with one possible suitor, The ...
WITH their pockets filled by renewed investor willingness to punt on minerals, the nation's small and mid-cap miners will be in a buoyant mood at this year's Diggers & Dealers mining get-together in Kalgoorlie. Last year, a dearth of available funds ...
The Tier 1 common capital to risk-weighted assets ratio historically stood at 7¼% over 1997–2007 for all FDIC banks in the U.S. The U.S. Supervisory Capital Assessment Program (SCAP), which performed the stress tests to assess risks faced by banks ...
Dubai Islamic Insurance and Reinsurance Company (Aman) has recorded almost fivefold rise in its profit for the second quarter of this year, the company said. Its profit for Q2 surged to Dh9.69 million compared to Dh1.67m for the corresponding period ...
It's not often you hear analysts say cost cutting has gone far enough, but that's what a research report from Macquarie said about NEC Electronics' restructuring plans for the next 12 months. "Accelerated cost reductions are a positive but not a ...
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