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Credit Mutuel makes firm offer for Citibank in Germany: sources (AFP via Yahoo! News)
Credit Mutuel of France has made a firm bid for the German retail banking activities of US giant Citigroup, which operates in Germany under the name Citibank, sources close to the matter said Friday.
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Tax credit to save UBS from hefty loss (Washington Post)
ZURICH (Reuters) - Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed though short-lived boost to its share price.
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Tax credit to save UBS from another hefty loss (Reuters via Yahoo! News)
Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed boost to its share price.
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Helped by tax credit, UBS beats analyst forecasts for quarter (International Herald Tribune)
UBS, which has written $37 billion off its assets as a result of the credit crisis, said its balance sheet would benefit from a 3 billion Swiss franc, or $2.9 billion, tax credit that would partially offset further predicted losses in its investment business.
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Tax Credit to Save UBS From Another Hefty Loss (NYTimes.com via Yahoo! Finance)
The Swiss bank said it expected to break even or make a small loss in the second quarter, helped by a $2.96 billion tax credit.
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Inflation, not credit crunch, is top concern worldwide: Paulson (AFP via Yahoo! News)
Inflation, and not the credit crunch, is the biggest economic concern worldwide, especially in developing countries, US Treasury Secretary Henry Paulson said in an interview Thursday.
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Tax credit to boost UBS results (BBC News)
Swiss bank UBS says it expects to report a small loss at worst for the second quarter after receiving a tax credit.
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Citibank allows credit card purchases through text (GMA News)
MANILA, Philippines - Citibank, the largest credit card issuer in the country, plans to boost market share by pushing prospective cardholders to make purchases using mobile phones.
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Citibank bares credit card on mobile phone (Philippine Star via Yahoo! Philippines News)
US financial giant Citibank NA has launched its newest credit card product - a first-of-its-kind credit scheme through mobile phones.
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"Simpson deserves credit for what he's done for Watford; I'm concerned about who will come in" - RJ (BBC News)
"Simpson deserves credit for what he's done for Watford; I'm concerned about who will come in" - RJ
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