Nov 3rd, 2009 - Wall Street Journal
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The era of kid-glove treatment for Europe's bailed-out banks is over.
The U.K. finalized plans to inject £31.2 billion ($51.16 billion) in taxpayer money into Royal Bank of Scotland Group PLC and Lloyds Banking Group PLC. But both banks will be required to divest assets in exchange for state infusions.
Stephen Hester, RBS's chief executive, fought successfully to keep Citizens Bank, its retail bank in the U.S., according to people familiar with the matter. Still, RBS must sell its profitable insurance businesses, 300 of the bank's 2,000 U.K. retail branches, payment service Global Merchant Services and its interest in commodities-trading ...
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NY Joins the Antitrust Effort Against Intel
Nov 4th, 2009 - ABC News
New York's attorney general hit Intel Corp. with an antitrust lawsuit Wednesday, claiming the company used "illegal threats and collusion" to dominate the market for computer microprocessors.
Following a similar case in Europe...New York joins the antitrust effort against Intel
Nov 4th, 2009 - cleveland
NEW YORK -- New York's attorney general hit Intel Corp. with an antitrust lawsuit Wednesday, claiming the company used "illegal threats and collusion" to dominate the market for computer microprocessors. Following a similar case in Europe...
Banks, miners lift FTSE; M&S, Next shine
Nov 4th, 2009 - Reuters
* FTSE 100 up 0.9 percent * Marks & Spencer, Next gains on firm results* Banks, miners reclaim ground LONDON, Nov 4 (Reuters) - Britain's top share index gained0.9...
Financial News: Disgruntled RBS Staff Call In Headhunters
Nov 4th, 2009 - Wall Street Journal
Headhunters have received CVs and phone calls from scores of disaffected staff in Royal Bank of Scotland's (RBS) global banking and markets division, following the bank's...
Citizens Financial Group CEO says it won't be sold
Nov 3rd, 2009 - Boston
PROVIDENCE, R.I.—The head of Rhode Island-based Citizens Financial Group says it won't be sold by its parent company, the Royal Bank of Scotland, as a condition of the British government pouring billions of dollars into the firm.
Related videos from YouTube:
37:548/20/09: White House Press Briefing
immigrants be eligible for health care under any plan the President -- Mr. Gibbs: I don't know what the provisions are about that. The Press: Well, they're American citizens. Mr. Gibbs: Right, but I think different -- I'd have to look at that aspect of the bill ...
