Global slump may retard Africa's growth
As the economic clouds darken over Europe and the United States, there are concerns a double-dip recession in the West could cast a shadow over Africa
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And the first bailout goes to ... Dexia
Dexia has become the first casualty of the 2011 banking crisis, with its Belgian arm being bought, providing a €90-billion guarantee for its financing
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European Parliament votes for Robin Hood tax
Legislators call for a €200-billion-a-year financial transactions tax to be levied on banks to discourage speculative trading.
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Standard Bank paints bleak picture in annual report
Standard Bank said on Friday that despite weathering an exceptionally challenging year, it expected difficult operating conditions for 2009.
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'Stress tests' to show health of US banking sector
Details on stress tests measuring how well US banks will weather difficult economic conditions are to be disclosed to promote investor confidence.
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Japan megabank to cut 1 000 jobs
Japan's biggest bank Mitsubishi UFJ Financial Group said on Monday that it would cut 1 000 jobs and close 50 branches over three years.
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Did UK press play a role in banking crisis?
British lawmakers will quiz top financial journalists on Wednesday about whether they held any responsibility in the banking crisis.
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Second lifeline for UK's troubled banks
Britain threw its troubled banks their second multibillion-pound lifeline in three months on Monday.
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Finance fallout brings banking backlash
Fallout from the global financial crisis grew in the real economy on Friday with job losses and a backlash against banking chiefs.
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