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Number of newly-minted millionaires at Europe’s big banks is shrinking



LONDON (Reuters) - The number of employees earning more than a million euros or pounds at Europe's biggest banks fell sharply last year, another sign of the clout they have lost to U.S. rivals since the financial crisis.


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AccorHotels creates lifestyle division for boutique brands PARIS (Reuters) - AccorHotels , Europe's largest hotel group, is creating a new lifestyle division to pool its fast-growing "boutique" hotel brands,...
Wal-Mart’s quarterly same-store sales beat estimates CHICAGO (Reuters) - Wal-Mart Stores Inc on Thursday reported slightly higher-than-expected quarterly sales at established U.S. stores as customer vi...
Asia stocks waver as policy uncertainty, weaker oil sap confidence TOKYO (Reuters) - Asian stocks wavered on Thursday as investors grappled with the apparently diminishing ability of major central banks to stimulate...

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