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Defines the investment banking field
4 Billion losses related to ETFs, losses in its Greek subsidiary and ECB rescue amounting € 5 Billion...this is an anthology of the rumors that ran in the markets about Société Générale.
Goldman’s traders lost up to €100 million in a single session, according to Bank’s regulatory filing to the U.S. market authority
European Equities have already been cheap for a while, so why should we buy now?
The European Central Bank, which has announced strong intervention on the markets, will buy Italian and Spanish debt according to a source close to the bank
Last Friday, the rating agency Standard and Poor’s lowered the rating on the U.S public debt by one notch from ’AAA’ to ’AA +’, just days after the agreement between Republicans and Democrats.
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