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MORE CRACKS IN DERIVITIVES MARKET AS PREDICTED BY LINDSEY WILLIAMS
01-27-2013, 08:44 PM
Post: #1
Video MORE CRACKS IN DERIVITIVES MARKET AS PREDICTED BY LINDSEY WILLIAMS
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http://mobile.reuters.com/article/busine...8?irpc=932


LONDON (Reuters) - Bank of America (BAC.N) has begun moving $50 billion of derivatives out of its Irish-based operations into its British subsidiary, The Financial Times reported on its website on Sunday, citing people close to the operation.

The move will allow the world's number 10 bank by assets to benefit from tax breaks stemming from accumulated losses in its UK business, the FT said.

razzle34dazzle, proud member of Realist News since Aug 2012.
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01-27-2013, 10:32 PM
Post: #2
RE: MORE CRACKS IN DERIVITIVES MARKET AS PREDICTED BY LINDSEY WILLIAMS
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is this the thread to look at or the other one . Ill check the other one first .

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