Olivier Khayat, who last month became the No. 2 at UniCredit SpA’s investment-banking unit, is betting he can help engineer a turnaround to boost profit from the bulging corporate loan book of Italy’s biggest bank.
BusinessWeek.com — Finance
European governments weighed withholding half of Greece’s next 12 billion-euro ($ 17.2 billion) aid payment, seeking to keep the country solvent while maintaining pressure on the government to slash the debt that pitched the euro area into crisis.
BusinessWeek.com — Finance
European governments weighed withholding half of Greece’s next 12 billion-euro ($ 17.2 billion) aid payment, seeking to keep the country solvent while maintaining pressure on the government to slash the debt that pitched the euro area into crisis.
BusinessWeek.com — Finance
Wells Fargo & Co., the U.S. lender with the largest branch network, is aiming to build its private bank in New York by attracting affluent customers neglected by some other competitors.
BusinessWeek.com — Finance
While consumer advocates want complaints filed via the Consumer Financial Protection Bureau’s hotline to be open to public view, banking lobbyists want access strictly limited
BusinessWeek.com — Finance
Takao Suzuki was chairing a board meeting on the fourth floor of Daito Bank Ltd. headquarters when the earthquake struck. As windows shattered and the floor shook, he dashed for the door, opening it to secure an escape route.
BusinessWeek.com — Finance
Unemployment and rising expenses caused 9 million Americans to lose health insurance during the past two years, according to researchers backed by a group advocating access to health care.
BusinessWeek.com — Finance
Bank of England Chief Economist Spencer Dale joined policy makers Andrew Sentance and Martin Weale in voting for an interest-rate increase as a split widened on the dangers of inflation at double the target.
BusinessWeek.com — Finance
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