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EU ministers bid to end row over banking taxes
EU ministers bid to end row over banking taxes

EU ministers bid to end row over banking taxes
European Union finance ministers made a fresh attempt on Tuesday to settle their differences over taxation of banks and trading as they prepared to approve the creation of new financial watchdogs.

EU ministers bid to end row over banking taxes
Finance ministers meet to negotiate financial reform. 7 Sep 2010 10:29 PM

CORPORATE
MERGERS & ACQUISITIONS: Verdict paves way for Sun takeover of Taro Will have to pay $40 m more for promoters' stake. After three years of protracted, multi-country litigation, Sun Pharmaceutical saw light at the end of the tunnel on its $454-million proposal to acquire Israeli generic-drug maker ...

Q+A-Will EU agree on taxing banks more after crisis?
Q+A-Will EU agree on taxing banks more after crisis?

Ministers reject EU bank rescue plan
EU economy ministers and the European Commission differ on how to rescue defaulting banks in the future, as ministers in favour of a bank levy yesterday (7 September) rejected the idea of putting the fiscal proceeds into a special fund to wind down insolvent banks.

The Hare with Amber Eyes
An artist traces a century of heartbreaking family history by pursuing the path of a group of tiny, beloved objets d’art.

Q+A - Will EU agree on taxing banks more after crisis?
European Union finance ministers made a fresh attempt on Tuesday to settle their differences over taxation of banks and trading.

Highlights - Comments by European Union finance ministers
Following are comments by European Union finance ministers and other officials who met on Tuesday for a second day of talks on EU budget reforms.

Banks Lead European Indices Lower Amid Capital Worries
European markets ended in the red Tuesday, led by banks amid worries about fresh capital requirements.

Opposition to setting up resolution funds
UK, France and the Netherlands say funds would encourage irresponsible behaviour by banks.

PRODUCT PROFILE
European Union finance ministers made a fresh attempt today to settle their differences over taxation of banks and trading as they prepared to approve the creation of new financial watchdogs.

Hungry minnows eye EURO upsets
Friday's batch of UEFA EURO 2012 qualifiers generally went as expected, but there are some tricky tests lying in wait for the continent's giants on Tuesday evening.

Germany won't let crisis-fighter private banks dodge regulations
German private banks, which trace their roots back as far as the 16th century, survived two World Wars, the Great Depression and the financial crisis. Now, they face a different challenge-increased regulation.

UnionBank sees another record profit
Union Bank of the Philippines, the country’s sixth-largest lender, expects net income this year to top the record P4.3 billion it booked in 2009. “As last year’s income was hundred percent over that of the prior year, we will be happy to be able to replicate our 2009 income.

German Banker's Anti-Immigration Book Riles the Nation
A new anti-immigration book by a director on the board of Germany's central bank has outraged the nation -- and has critics calling for his job

Boring-Is-Sexy Credo Won’t Let German Private Banks Dodge Rules
Germany’s private banks, which trace their roots back as far as the 16th century, survived two World Wars, the Great Depression and the financial crisis. Now they face a different challenge: increased regulation.

Choppy Week for Emerging Market Currencies
We remain nervous about risk appetite, as increased concerns about U.S. and global growth are likely to linger, as are worries about Greece and the periphery.

Q&A: Harald Kruger, BMW
With a third of BMW's employees projected to be above 50 years of age in five years, Harald Kruger , head of human relations (HR) management, sees it as an opportunity.

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