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Banca Montei Dei Paschi di Siena

Monte Paschi to cut more jobs in return from EU bailout

Monte Paschi would cut more jobs to be able to secure a state bailout fund from the European Union, said a Bloomberg report.

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Vitol Group

Vitol SA's debt rates same as Glencore negotiated rates

Vitol SA obtains favorable LIbOR for its one year and three year credit lines.

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New York Stock Exchange

Stock markets hunker down for incoming volatility due to impasse

As the budget deadlock continues, the stock market's fear index is rising and many investors are preparing for future stock volatility.

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General Motors office

GM Nova Scotia's noteholders hit the jackpot

The noteholders of GM Nova Scotia used a local law loophole to allow its earnings to double from the bankruptcy proceedings.

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