SHANGHAI, June 19 (Reuters) – China stocks tumbled on Friday, capping a brutal week that was the worst for main indexes since the global financial crisis as the country’s dramatic eight-month bull run appears to be running out of fuel.
* John Worth will join company on 22 June 2015 and will be appointed interim Chief Financial Officer with effect from 1 September 2015.
ZURICH, June 19 (Reuters) – Switzerland’s Union Bancaire Privee (UBP) will take more than 60 to 70 percent of client money held by the international business of Coutts, the 300-year old wealth manager the Swiss bank is buying from Britain’s Royal Bank of Scotland, UBP’s chief executive told Finews.ch website…
MOSCOW, June 19 (Reuters) – Crimea could issue bonds on Russia’s financial market by the end of the year, Crimean leader Sergei Aksyonov was quoted as saying by RIA news agency on Friday. (Reporting by Alexander Winning, writing by Elizabeth Piper, editing by Jack Stubbs)
After yet another failed summit, the blame and recriminations started as soon as Thursday’s Eurogroup meeting broke up. Greece is now just 11 days away from its next major debt repayment, which it almost certainly can’t make without a bailout deal. “Capital controls imminent without breakthrough,” is how Barclays analysts headlined their morning email on the subject…
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