University Of St. Gallen News
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After five years of meetings, the BRICS emerging-market nations made some headway in their push for more sway in the global financial system, agreeing to set up a $100-billion currency crisis fund and a new development bank.
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European countries adopting a “Jekyll and Hyde” strategy toward China have a greater chance of winning more exports to the world’s fastest-growing major economy, according to University of St. Gallen economists.
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Europe’s crisis is imposing fiscal discipline on working households, spendthrift governments -- and the occasional billionaire.
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Vontobel Holding AG appointed Zeno Staub as head of its asset-management unit, succeeding chief executive officer Herbert Scheidt .
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Below are some frequently asked- questions on Greece’s elections tomorrow and a list of some possible outcomes after the vote.
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Swiss Finance Minister Hans-Rudolf Merz said he will step down after seven years during which the government helped rescue UBS AG from collapse and agreed to weaken the country’s banking secrecy rules.
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JPMorgan Chase & Co. , Deutsche Bank AG and Citigroup Inc. are hiring bankers who cater to millionaire clients as more stringent capital rules reduce returns from investment banking.
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The biggest threat to a revolution in emerging market trade may be the emerging markets themselves as Brazil slaps import curbs on Chinese toys, Russia claims China dumps cold-rolled steel and China keeps its currency undervalued.
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Jim Yong Kim, who took over as World Bank president yesterday, said the lender is in a strong financial position to meet loan demand from emerging markets if the global economy deteriorates.
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Since women won the right to vote in the canton of Appenzell Innerrhoden in 1990, females have risen to rule Switzerland’s politics, making up four of the seven- member cabinet. Combining a career and motherhood presents a steeper climb.
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