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Banking and double-entry bookkeeping, first created 500 years ago, enabled proto-capitalists to hide their wealth in a myriad of ways.
FORBES: Malone's Musing
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Dresdner's cost base is high, while Commerzbank's announcement on Thursday that its retail and commercial banking operating profit was poised for double-digit growth this year, shows that it's doing just fine as is, according to Becker.
FORBES: A Not-So-Grand Allianz
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For the Liberal Democrats, Vince Cable said that while there was now "relative stability" in the banking system, "another round of bad debts" could produce a "double-dip recession".
BBC: Financial Services Bill
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Despite the sharply lower profits and a negative climate for business banking in the US, the firm said it was still confident it could deliver double-digit income growth this year.
BBC: Scandal pay-outs hit Citigroup profits
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As a result, worries about the European banking sector have meant another round of steep losses in equities, with shares of some French banks posting double-digit percentage losses.
FORBES: Most-Active Comex Gold Touches $1,800 For First Time On Euro-Zone Debt Worries