Banking on Growth at Jos. A. Bank
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The men's fashion retailer continues its impressive tear.
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Barbara Desoer will have the responsibilities of a CIO as well as business-line responsibilities--signifying IT&#39;s emergence as a key business area at the bank.
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This company may be huge, but it's still a growth play.
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Strong performances in the bankâs asset management, credit card groups and treasury services groups helped offset troubles in the investment banking unit.
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US investment bank JP Morgan Chase &amp; Co (JPM.N: Quote, Profile, Research) will continue advising on a defenc strategy for South Africa&#39;s Gold Fields (GFIJ.
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The commercial bank says it will restate earnings upward.
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ABN Amro Holding NV, the Netherlands&#39; largest bank, said net profits rose 26 percent in the third quarter, benefiting from a one-time gain on the sale of its stake in the Bank of Asia.
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Johnson Controls Inc. JCI.N, said on  Tuesday that quarterly earnings rose 24 percent on growth in  both its automotive interiors and building controls business.
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Deutsche Bank, the biggest German private bank, has said it planned to maintain its current strategy after its main corporate and private customer businesses contributed to record earnings last year.
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Even when companies get huge, they can keep growing quickly.
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South Africa&#39;s biggest retail lender Absa says tie-up talks with Barclays have progressed well. Absa ASAJ.J , South Africa&#39;s third-biggest bank in terms of assets, raised
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Capital markets losses offset solid revenue growth in most businesses at the bank, which posted net income of $3.7 billion.
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IBM is looking to the developing world to fuel its growth.
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NEW YORKâUS Federal Reserve Board chairman Alan Greenspan said yesterday that better management of banking risk and new rules on capital hold the promise of a stronger banking system contributing more to economic growth.
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In the asset management business, it's all about getting big.
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The banking company is holding up in a tough market.
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The British-based bank delivers an upbeat outlook and modest writedowns.