Lehman Brothers Holdings Inc. said yesterday that it will invest another $1 billion in its two non- bankrupt bank subsidiaries, Aurora Bank FSB and Utah-based Woodlands Commercial Bank.

On August 27, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Cyprus. 1 Following the economic downturn of 2009 when the global crisis began to affect Cyprus, the economy is projected to bottom out in 2010, giving way to a mild recovery in 2011 and stronger growth thereafter.

BIG PICTURE – Global stock markets are in a multi-year bull-market and nominal prices are likely to appreciate for several more months. In our view, we are currently amidst a normal multi-week consolidation phase and most stock markets are likely to stage a sharp year-end advance.

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BHP Billiton Ltd. ’s loans to fund its $40 billion hostile takeover bid of Potash Corp. of Saskatchewan Inc. may mean banks have a renewed appetite to finance large deals, Ernst & Young LLP said.

Digital News Report - The Federal Reserve released a new report shows that student loan debt is more than the credit card debt in the United States. Mark Kantro.

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