Royal Bank of Scotland CEO Stephen Hester was urged by the bank's board to step down prior to the government's sale of its 81% stake.
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Fed Reserve Decision on Quantitative Easing Anticipated by the Market
Fed Chairman Bernanke's announcements on quantitative easing is anticipated by the market. (Photo : Reuters)President Barack Obama's next choice to head the U.
Meraas and Emaar Properties to Form Joint Venture
Meraas Holding and Emaar Properties announced an engaged joint venture for the development of a premium lifestyle community, Dubai Hills Estate.
Egypt Nears Deal with IMF
Egypt, after two years of political unrest, is nearing the completion of its deal with the International Monetary Fund.
Huishang Bank to list IPO with HK Bourse
Huishang Bank, due to the lack of clarity in the Shanghai Stock exchange, is set to list its IPO in the Hong Kong bourse.
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East African bloc struggled to draw investment from foreign units. (Photo : Reuters)The image is an African man looking over an oil extraction rig. East African Community economies struggled to draw foreign investment due to internal problems.
Petrobras is selling off half of its African operations of Petroleo Brasiliero SA. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.
The country of Rwanda has no plans to go back into the sovereign debt market after its successful debut last April.
According to US banking regulator Thomas Hoenig, Deutsche Bank's capital levels are horrible and that the bank is the worst on a list of banks worldwide.
Plans to boost capacity in Indonesia would be reached through the construction of a new Mitsubishi Motors plant in the country.
The government of India sold a sale of a stake in MMTC LTd, an Indian Trading firm, in order to cut off financial deficit.
High yield investors flee from the European junk bond market as funding costs increase. (Photo : reuters) This is an image of investors instenely watching the stock market.
Amidst the investigation against several top officials, Wal-Mart's board votes for James Cash as new Lead Director.
Bank of Japan sets purchase ceiling of 140 billion yen for J-REITS. (Photo : Reuters)The image is a Japanese flag flying high. The Bank of Japan will be purchasing an increasing number of Japanese real estate investment trusts beyond its current purchase scheme.
