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Financial services

NTSB: singer Rivera dead in Mexican plane crash
U.S. authorities confirmed Monday that Jenni Rivera, a U.S.-born singer whose soulful voice and openness about her personal troubles made her a ...
Spaniards hope for eviction reprieve amid crisis
Irene Gonzalez is desperately waiting to hear if she'll benefit from an emergency government decree that protects Spaniards such as her from being ...
Senate bill would extend deposit insurance program
To prevent a possible run on banks at the height of the financial crisis four years ago, Congress expanded government insurance for certain bank ...
Surprise: New insurance fee in health overhaul law
Your medical plan is facing an unexpected expense, so you probably are, too. It's a new, $63-per-head fee to cushion the cost of covering people with ...
Greece extends bond buyback deadline for a day
In an attempt to generate stronger participation in its key government bond buyback program, Greece on Monday extended the deadline for banks, funds ...
Why is Wall Street losing its appetite for Apple?
This holiday season is shaping up to be a record-breaking period for Apple as shoppers snap up iPhones and iPads. So, why is the world's most valuable ...
Greece's biggest banks to join in bond buyback
Greece's three biggest banks said Friday they would participate in a large bond buyback scheme that aims to chip away at the crisis-hit country's debt ...
Draghi supports Hungary's embattled central bank
European Central Bank President Mario Draghi on Friday defended his Hungarian counterpart against the government's efforts to limit his independence ...
German central bank cuts 2013 growth forecast
Germany's central bank sharply cut its 2013 economic growth forecast to 0.4 percent on Friday, while poor industrial production figures underlined ...
Wells Fargo boss talks bank fees, economy, taxes
John Stumpf is a survivor. He's a CEO who kept his job as peers fell after the 2008 financial crisis, a strategist who expanded his company while ...
ECB cuts growth outlook for eurozone, holds rates
The European Central Bank warned of another gloomy year for the 17 European Union countries that use the euro, cutting its forecast for economic ...
Key quotes from ECB head Draghi's press briefing
At his monthly news conference following the European Central Bank's policy-setting meeting, President Mario Draghi on Thursday answered questions ...
Top EU officials set out program for more unity
Four top European Union officials on Thursday set out a blueprint for a closer financial union in a move that will clash with some member states' ...
ECB President Mario Draghi's speech
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today's ...
ECB holds rates, may be done with euro stimulus
The European Central Bank left its key interest rate unchanged at a record low Thursday, holding off on further stimulus even as the economy across ...
Citigroup to cut 11,000 jobs, a familiar story
Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's ...
World Bank: Arab World hit hard by climate change
The Middle East and North Africa will be especially hard hit by climate change in the coming decades, the World Bank said in a report Wednesday, ...
Fast-growing fish may never wind up on your plate
Salmon that's been genetically modified to grow twice as fast as normal could soon show up on your dinner plate. That is, if the company that makes ...
US banks report stronger profits and more lending
U.S. banks are enjoying their best profits in six years and are lending a bit more freely. The gradual improvement suggests that the industry will ...
Spain's jobless near 5 million as banks await cash
The number of people officially registered as unemployed in Spain has edged up toward 5 million as the country's recession shows few signs of abating ...
Germany, France at odds over EU banking supervisor
European Union countries are dragging themselves to a year-end summit with a heavy load of unfinished business aimed at shoring up confidence in the ...
Australia lowers key interest rate to 3 percent
Australia's central bank cut its benchmark interest rate by a quarter percentage point Tuesday, taking it to its lowest level since the global ...
Greece, Cyprus center stage in eurozone meeting
Details of a plan for Greece to reduce its heavy debt by buying some of it back at bargain prices will be presented Monday to finance ministers from ...
Cyprus rushes adoption of austerity measures
Cyprus' finance minister urged lawmakers Friday to approve a first batch of spending cuts and tax hikes agreed with international creditors by Dec.