Page 1272 


Is the Worst Over for Europe's Banks ?

Europe On The Globe

Financial stocks boosted European markets with better-than-expected performance, but headwinds remain, Gemma Godfrey of Brooks Macdonald Asset Management says.

Paulson Said To Lose 27% In Gold Fund Last Month In Rout

John Paulson

Billionaire John Paulson, the hedge- fund manager seeking to reverse two years of losses in some of his strategies, lost 27% in his Gold Fund last month after the precious metal and related securities plummeted, according to two people familiar with the matter.

Half of All Employees Think Corruption Is OK: Report

Hand In Pocket

Nearly half of all workers across Europe, the Middle East, Africa and India think bribery and corruption are acceptable ways to survive an economic downturn, according to a report published by professional services firm Ernst & Young on Tuesday.

NY AG: Fix Street's 'Rigged Casino' Impression

I Love New York

New York Attorney General Eric Schneiderman told CNBC that BofA and Wells Fargo were the leading violators of a settlement designed to end mortgage servicing abuses, and that's why he plans to sue on behalf of homeowners in his state.