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Features by Chris Morris

EU gives big banks $2.3 billion slap over rate rigging

The European Commission has hit a half dozen big banks, including Deutsche Bank and JPMorgan Chase, with a record $2.3 billion fine for colluding to rig two benchmark lending rates that set the price of money between banks
Posted In: European Commission, European Union, big banks

A grim innovation from Greece: The slow-motion layoff

The Greek parliament votes today on whether to send as many as 25,000 government workers into a so-called 'labor reserve.'
Posted In: Greece, Europe debt crisis, bailout, austerity
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