March 27 Headlines
Capital rules relaxed for new UK banks
US crackdown on Citi laundering flaws
Buffett to join Goldman top 10 investors
Deutsche sets aside 500m to cover Libor
Kingfisher suffers from cold snap
T-Mobile USA drops yearly phone contracts
Start-up banks in Britain will not need as much capital as their
established rivals starting from April, Britain's Financial
Services Authority (FSA) said.
The Federal Reserve has ordered Citigroup Inc to better
police for the risk of money laundering.
Warren Buffett agreed to become Goldman Sachs Group Inc's
biggest shareholders by converting his warrants into shares.
Deutsche Bank has provisioned for 500 million euros
to cover possible fines for the alleged manipulation of Libor
Britain's Kingfisher Plc reported sharply lower profits
as cash-strapped consumers cut back on home improvements in the
T-Mobile USA will eliminate device subsidies and two-year
service contracts that are favoured in the mobile industry to
sell expensive handsets.