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China Vanke Enters US Property Market with Tishman Speyer Deal
China Vanke's overseas expansion shows the new trend among Chinese property firms as they look to overcome domestic limitations.
Credit Suisse Swings to Profit and Plans Deeper Cost Cuts
Switzerland's second-biggest bank does not expect material issues with Libor investigation.
Dell to go Private in $24.4bn Buyout by Michael Dell and Silver Lake
Company founder Michael Dell and Silver Lake buy computer firm in deal worth $24.4bn.
Michael Dell-Led Consortium Offers to Take Dell Private at More Than $24 Bn
Consortium includes Michael Dell, Silver Lake Partners and Microsoft.
Anti-Davos Activists Attack Glencore Boss Ivan Glasenberg Property
Bombs planted in Ivan Glasenberg's postbox and Credit Suisse branch in Switzerland during Davos World Economic Forum.
Goldman Battles to Preserve Bonuses - Credit Suisse, JPMorgan Plan Culls
Goldman Sachs to preserve parts of scheme but Credit Suisse and JP Morgan look to reduce bonuses.
Morgan Stanley to Axe 1,600 Jobs to Reduce Expenses
Morgan Stanley plans to cut some of the highly paid jobs in the level of managing directors and executive directors.
Swiss Bank Wegelin to Close After Pleading Guilty in US Tax Probe
Wegelin will close its operations permanently after the conclusion of the case.
Depressed $4.3m Trader Asif Mohamedali Sues Credit Suisse for Unfair Dismissal
Trader fired in 2009 repeats court claim that job drove him to depression and verge of suicide.
UK Car Sales Jump in November as EU Sales Touch 19-Year Low
German auto market hit by rising unemployment for eighth consecutive month.
Barclays Snaps up Ex-FSA CEO Hector Sants as Compliance Chief
Investment bank appoints UK regulator's former boss as head of compliance and government and regulatory relations.
HSBC to Pay $1.9bn to Settle Money Laundering Probe [VIDEO]
Deal to settle charges that HSBC helped launder Mexican drug cartels' money as well as facilitating transfer of funds to sanctions-hit Iran.
Indian Government Wins Vote on Retail Sector Reforms
Indian Government gets parliament's backing to allow 51 percent FDI in multi-brand retail.
Hitachi and Mitsubishi Heavy Merge Thermal Power Businesses to Tap Growing Asian Demand
Hitachi and Mitsubishi Heavy agree to form a joint venture that will integrate their thermal power generation businesses.
Windows 8 Sales Pass 40 Million Mark
Microsoft has announced it has sold 40 million Windows 8 licences, despite manufacturers reporting less than spectacular sales.
Microsoft Sells 40 Million Windows 8 Licenses in First Month of Launch
Windows 8 is likely to outperform Windows 7 in terms of initial sales figures.
JP Morgan and Credit Suisse to Pay £263m to Settle Charges of Misleading Investors
Companies to settle charges of misleading investors in residential mortgage-backed securities.
Swiss Bank UBS Announces Massive Lay Offs of 10,000 Jobs Worldwide [VIDEO]
Job cuts expected to affect nearly 16 percent of UBS's global workforce.
UBS Shares Surge on Reports of 10,000 Job Cuts, Smaller Investment Bank Plan
UBS stocks rise sharply on the first trading day after it announces another round of major job cuts and impending closure of its fixed-income operations
Libor Fixing Scandal: Nine Banks Added to New York and Connecticut Probe
The joint New York and Connecticut probe into alleged Libor manipulation extends its investigation by adding nine banks to subpoena list.
Credit Suisse Plans Deeper Cost Cuts After Third Quarter Earnings Miss
Credit Suisse misses analyst estimates and adds another 1bn Swiss francs of cost-cutting measures.
China to Overtake Japan as World's Second Richest Nation - Report
Global Wealth Report projects world household wealth to grow 50 percent to reach $330tn (£206tn) in 2017.
Credit Suisse Faces Probe, Lawsuit over US Mortgage-Backed Securities
Credit Suisse under investigation over underwriting and sales of derivatives largely blamed for the credit crisis.
Samsung Predicts 91% Profit Growth
Samsung is expected to almost double its profits this quarter, thanks to the success of its Galaxy smartphones and tablets.
Samsung Forecasts Record Profits for Quarter
Samsung expects £4.5bn operating profit but analysts doubtful it can be sustained given patent dispute with Apple.
Credit Suisse Subprime Mortgages Boss Kareem Serageldin on £150,000 Bail over Fraud Charges
Kareem Serageldin facing extradition to US charged with conspiracy, falsifying records and wire fraud.
Deutsche Bank under US Scanner for Deals with Rogue Nations
Deutsche Bank and three other European banks being investigated for business deals involving Iran and other sanctioned nations.
Libor Scandals, Risk and Profits: The Changing European Banking Model
As we hit the half-way point in 2012 for banking results, IBTimes UK takes a look at how, should and are European banking models changing in the face of scandals, risky assets, diminishing investment banking revenue and clients.
Libor Fixing Scandal: Deutsche Bank Internal Probe to Threaten Capital Boost and Risk Cuts?
Deutsche Bank revealed that it is strengthening its capital base and cutting risk, but is it enough to save its ailing share price and falling profits, in the wake of Libor investigations?
Libor Fixing Scandal: Arrests Imminent As Police Close-In
US and European prosecutors are close to individual traders at banks for colluding to manipulate key global lending rates, says a Reuters report.