Greece doesn't need to immediately reduce debt From a "Grexit" to the closure of banks, here are six myths about the Greek crisis, says Nicholas Economides, an NYU professor and adviser to Greece.
| By: Nicholas Economides, professor at NYU Stern
Vermont's largest electric, gas utilities like power plan MONTPELIER, Vt.- Vermont's largest electric and gas utilities are praising the Obama administration's Clean Power Plan, and say they'll continue to work on making the state more energy efficient. Vermont Gas Systems President Don Rendall issued a statement calling the Clean Power Plant's goal of reducing power plant emissions by 32 percent by 2030 an...
Source: The Associated Press
RBS sale means privatization, taxpayer loss The sale of Royal Bank of Scotland shares marks the UK's biggest privatization move and a loss to the taxpayer, The Financial Times reports.
Source: Financial Times
| By: Emma Dunkley and Martin Arnold
Rising profits at big U.S. banks boost executive pay - KBW Aug 3- Top executives at big U.S. banks received fatter paychecks last year as profits rose, brokerage Keefe, Bruyette& Woods said on Monday. Total compensation for all top U.S. banks rose in 2014 with the exception of Citigroup Inc, KBW analysts wrote in a note. Average pay increase was the most at Morgan Stanley, while Goldman Sachs Group Inc paid the most to its top...