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Deutsche to do everything to avoid forced recapitalization: CEO | Reuters
Germany’s Deutsche Bank (DBKGn.DE) will do all it can to avoid a forced recapitalization, its Chief Executive Josef Ackermann said on Thursday, adding the bank had enough funds of its own to prepare for a crisis.
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BBC News – US Congress votes through South Korea trade deal
US lawmakers have approved a long-delayed free trade agreement with South Korea, calling it the most significant in 16 years.
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BBC News – Slowdown in the German economy is predicted
Eight leading European economic institutes have forecast a steep slowdown for Germany’s economy.
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BBC News – Lloyds and RBS credit ratings cut by Fitch
Ratings agency Fitch has downgraded the credit ratings of two UK banks, Lloyds and Royal Bank of Scotland.
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Economist’s View: “Benford’s Law and the Decreasing Reliability of Accounting Data”
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Sind die Deutschen die dümmsten Bankenretter?! – Kantoos Economics
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President’s Approval Rating Soars After Punching Wall Street Banker in Face | Onion News Network