European shares closed the first session of the holiday week sharply higher but with the end of the year approaching trading volumes remained low. Banks bounced back after slipping on Friday due to concerns over stricter regulations on how much capital they have to hold in reserve. ...
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European shares closed lower though in thin year-end trade. They declined after the European Central Bank forecast more bank writedowns in the region. The ECB said banks in the euro zone may still have around 187 billion euros of worthless loans on their books. The central bank w...
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Dec. 18 (Bloomberg) — Abyd Karmali, global head of carbon markets at Bank of America Merrill Lynch, talks about the prospects for an international climate change agreement and the impact this might have on carbon markets. Karmali speaks with Bloomberg’s Francine Lacqua at the United Nation...
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