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4 HOURS AGO - Business Insider

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New Credit Suisse CEO promises 'ruthlessly selective' review: FT

(Reuters) - Newly appointed Credit Suisse AG Chief Executive Tidjane Thiam, in an interview with the Financial Times, promised a "ruthlessly selective" review of the Swiss bank's businesses, amid expectations that the incoming CEO would cut staff by about 15 percent from its investment banking arm.Thiam's strategic review will involve executives competing with each other for capital allocations by showing ...

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JUN 23, 2015 - Fast Company

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How Building Information Modeling Saved One University $10 Million

Mo money, mo problems.In most architectural projects, budgets far exceed projections. The eastern span of the San Francisco Bay Bridge notoriously cost $5 billion more than projected and a new transit hub near the World Trade Center in New York is similarly billions over budget. Those are just two high-profile scenarios. While the sources of cost overruns vary from project ...

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JUN 22, 2015 - TheStreet

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Japan Joins Israel in Fund Growth That's Easing Bleak Year at Aberdeen

NEW YORK (TheStreet) -- Aberdeen Asset Management's   stock has had a bleak year so far, but its closed-end funds that let investors tap markets such as Israel and Japan are delivering impressive returns. The Israel Fund  has climbed 16% so far this year and the Japan Equity Fund  has risen 19%, while shares in the Scottish asset management company have ...

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JUN 18, 2015 - MarketWatch

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Hong Kong stocks recover, while Shanghai extends sell-off

HONG KONG (MarketWatch) -- Hong Kong stocks staged a rebound Friday morning after a previous decline, bolstered by a sharp rise in U.S. markets overnight. The benchmark Hang Seng Index advanced 0.9%, with the mainland-China-tracking Hang Seng China Enterprises up 1%. However, Shanghai markets extended their sell-off, with the Shanghai Composite Index down 2.3%, as nine companies launched IPOs on ...

Tags: Hong Kong stocks recover, while Shanghai extends sell-off,  Aia Latest News

JUN 14, 2015 - Business Insider

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Hopes high for Thiam turnaround at Credit Suisse

By Joshua Franklin and Carolyn CohnZURICH/LONDON (Reuters) - Tidjane Thiam starts work as CEO of Credit Suisse next month with investors optimistic he can bring about a major change of strategy at the bank, even if he has to raise cash to do it.An expectation that the 52-year-old will successfully switch Credit Suisse's focus to lucrative Asian wealth management and ...

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