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RBS to cut 3,000 jobs worldwide

" Royal Bank of Scotland (RBS) is to cut about 3,000 jobs in the next few weeks, the BBC has learned. The positions will go in its global banking and markets workforce, spanning more than 50 countries, but is...

created by Amitjha | 1 year ago | updated 1 year ago
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American 'Meltdown' is the Reason for the Money Injection by Fortis

""Votron stays on after a wave of criticismby our correspondentJune 28, 2008, 09:10 a.m.BRUSSEL/AMSTERDAM (DFT) - Fortis expects a complete breakdown of the American financial markets within days or weeks. This explains, according to the bank insurer, the series of...

created by SUICIDEkings | 1 year ago
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Citigroup Could Become Hedge Fund Target. Small Investors at Risk?

German Reserve Bank (Bundesbank) has recently warned of risks caused by possible takeovers of banks by hedge funds. Now, apparently Citigroup with a market value of well over 260 bn USD could become the newest target of aggressive investors.The perspective of hedge funds...