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The chief executive of Goldman Sachs (GS), Lloyd Blankfein, is confident the euro will survive despite the debt crisis, he said in an interview with newspaper Welt am Sonntag."The risk that euro will break apart or that individual members are headed for bankruptcy was substantially higher a year ago," he said. There is clear political commitment to the euro zone and the euro, which forms the basis for solving economic problems over time, the newspaper quoted Mr. Blankfein as saying."Americans have a history of underestimating the political will of the Europeans to see through the successful creation of a United Europe. I'm not going to make the same mistake."He rejected the view of billionaire investor George Soros that Germany should either exit the euro, or accept the idea of joint liability for sovereign debt through so-called euro bonds. Mr. Blankfein dismissed those "extreme scenarios" and said that a solution whereby stronger economies support the weaker ones would evolve over ti...
Disappointing U.S. jobs, manufacturing and housing data hit European stock markets on Thursday, as investors worried the world's largest economy isn't recovering at ...
The following is a summary of analysts' forecasts for Vodafone Group plc (VOD) full year results, based on a poll of seven analysts conducted by Dow Jones Newswires ...
European stock markets mostly moved lower on Thursday, as investors stopped for a breather after major indexes reached multiyear highs the prior day, largely ignorin...
U.K.'s benchmark stock index nudged toward an 11th straight day of gains on Thursday, after a well-received earnings report from insurer Aviva PLC and network news f...
Crude-oil futures fell in Asian trading Thursday amid continued worries over global economic growth and falling U.S. gasoline consumption pushing Nymex below $94 a b...
Deutsche Bank AG on Wednesday named a new head of its U.S. asset and wealth management division for the Americas, effective immediately, as part of the bank's effort...
Deutsche Bank AG said on Wednesday it has named Jerry Miller to run the German bank's asset and wealth management business in the Americas.Miller, a former Morgan St...
The Portuguese government and JP Morgan Chase & Co are attempting to resolve a tussle over potentially costly derivative contracts sold by the U.S. investment bank t...
The following is a summary of analysts' forecasts for National Grid plc (NG.LN) full year results, based on a poll of four analysts conducted by Dow Jones Newswires ...
Japan's top three banks forecast weaker annual earnings as aggressive monetary easing squeezes them out of a profitable government bond trade and forces them to rely...
Xchanging PLC (XCH.LN), a global business processing and procurement company, said Wednesday it signed an agreement to sell its 51% share holding in Xchanging Transa...
UBS AG (UBS, UBSN.VX) on Tuesday said it hired Wall Street veteran Christopher LaBianca from RCG Longview as its new head of commercial real-estate loan originations...
Europe's benchmark stock index closed at its highest level since June 2008 on Friday, with banks in the driver's seat after better-than-expected data from the U.S. r...
European stocks moved higher on Friday and flirted with multiyear highs, with banks in the driver's seat after better-than-expected data from the U.S. removed some w...
European stock markets moved higher on Friday and flirted with multiyear highs, with banks in the driver's seat after an upbeat broker upgrade for the sector.The Sto...
Highlighting fourth-quarter 13F filings with the Securities and Exchange Commission, it was noted hedge fund legends David Einhorn and George Soros held sizable stak...
Fitch Ratings affirmed its credit ratings on 12 global banks as part of a periodic review, while raising its viability rating on Bank of America Corp. (BAC) on the "...
International companies trading in New York closed lower Thursday amid a batch of data on the U.S. economy that fell short of expectations and concerns that the Fede...
The U.K.'s benchmark index ended a 10-day winning streak on Thursday, hurt by oil stocks declining in the wake of a European Commission probe into alleged oil-price ...
