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Banking

WireTap 1400 02/02/12

A round-up of the key stories across the specialist financial media, including news that China is looking in to how it can contribute towards European stability.


China weighs contributing to EU stability fund

China supports European efforts to stabilize the euro and is looking into how it can help resolve the region’s debt crisis, Chinese Premier Wen Jiabao has said.

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Deutsche Bank's Ackermann era ends in quarterly loss

Josef Ackermann's reign at Deutsche Bank ended in a quarterly loss on Thursday, with the bank hit by a downturn in bond trading.

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EU banks: give us leeway on assets

Under pressure from the banking industry, European regulators are considering loosening rules that require lenders to maintain deep pools of assets to protect them in a crisis.

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Sony sees $2.9 billion loss, new CEO warns of pain

Sony has warned it is heading for a $2.9 billion annual loss, presenting an intimidating task for incoming CEO Kazuo Hirai.

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Record-breaking start to 2012 for Asian debt

Asian debt markets saw a strong start to 2012, with record issuance for January.

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