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...A Delaware court will soon begin an auction for Citgo Petroleum, the seventh-largest oil refiner in the United States....
...But what if there was pressure to withdraw from China, which accounts for half of its profits and has signalled support for Moscow’s invasion of Ukraine?...
...The promissory notes are guaranteed by PDVSA Petróleo, a subsidiary that receives payments of about $30m a day from buyers of Venezuelan oil in several bank accounts situated outside Venezuela, which Mr...
...multi-currency bank account....
...The data has been coming in better and not only in the United States but in many other parts of the world....
...as rebalancing the current account, which swung from a surplus to a deficit last year....
...The US central bank announced a quarter-point increase in the target range for the federal funds rate to 0.25-0.5 per cent, lifting it from the historic lows it has occupied since December 2008....
...(FT) Bank of America finance chief Bruce Thompson, who leaves the role after a more than four-year stint amid a managment shake-up....
...This country had a sovereign debt crisis in both 1982 and 1994, the first of which threatened to leave a number of American banks insolvent, including Citicorp and Bank of America, if the banks had not agreed...
...trading venues and bank-owned platforms....
...(Bloomberg) Nomura The Japanese bank goes on trial in the first case from a barrage of lawsuits alleging banks were at fault for packaging bad mortgages into securities....
...(FT) In the news HSBC’s Swiss secrets leaked Leaked secret bank account files have revealed how HSBC’s Swiss private bank helped customers avoid taxes and conceal billions of dollars of assets, in some...
...The revelations, including claims that HSBC’s Swiss unit handed large, untraceable bricks of cash in foreign currencies to clients and colluded with them to conceal “black” accounts from tax authorities,...
...The US has previously used its veto on the UN Security Council to protect Israel from resolutions critical of its treatment of Palestinians, but it says that was based on the ultimate scenario of a two-state...
...(WSJ$) Christie wants fugitive returned from Cuba The governor of New Jersey asked Barack Obama to demand that Cuba return a woman convicted of killing a policeman in his state 41 years ago....
...The MAS said the 19, which include UBS, Bank of America Merrill Lynch, Royal Bank of Scotland and Deutsche Bank – as well as Commerzbank, which was not required to hand over money – had done enough to help...
...- Bulgarian bank seized by central bank as political tensions rise | Bulgaria’s central bank on Friday froze the operations of the Corporate Commercial Bank (KTB), suspended its directors and put the country...
...of the German bank....
...The prime minister, Nouri al-Maliki, asked parliament to declare a state of emergency after Sunni militants from the Islamic State of Iraq and the Levant, (Isis), which operates in Iraq and neighbouring...
...cuts spending on energy subsidies | If applied this time, the subsidy bill would account for around 13 per cent of government spending, down from more than 20 per cent in recent years * London serves fizzy...
...Minutes from the Bank of England Monetary Policy Committee show different views on the amount of slack in the UK economy as it starts to recover....
...Tesla also on Thursday revealed targets for the ramp-up of its next vehicle, a sport utility called the Model X, which it said would account for around half of its annualised deliveries of 100,000 by the...
...In June, the Office of the Comptroller of the Currency noted that the average amount of an auto loan was greater than the value of the car during the fourth quarter of 2013, as lenders bundled the costs...
...The Chinese ecommerce company is expected to raise about $20bn when it comes to the market, rivalling the Agricultural Bank of China’s $22.1bn IPO from July 2010, currently the largest on record....
...(Financial Times) “Chinese Bitcoin exchanges said domestic banks closed their accounts after the nation’s central bank barred financial institutions from handling transactions in the virtual currency to...
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