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Davos - World Economic Forum

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  • Vikram Pandit on Citi's Expenses Wednesday, 25 Jan 2012 | 4:30 PM ET
    Vikram Pandit on Citi's Expenses

    "We are completely focused on expenses," says Vikram Pandit, Citigroup CEO. "We are going to be cautious on the market side," he tells CNBC's Maria Bartiromo.

  • BofA CEO on Recovery, Plans for Company Wednesday, 25 Jan 2012 | 4:26 PM ET
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    Bank of America CEO Brian Moynihan sounded optimistic Wednesday about a US economic recovery and discussed his plan to improve the company’s stock price.

  • A Facebook Private Market Freeze? Wednesday, 25 Jan 2012 | 2:45 PM ET
    Mark Zuckerberg

    While the clearing of all Facebook private market trades has been halted for three days, the market continues to operate on an as-normal basis and has not seized up as earlier reports indicated, according to people familiar with the matter.

  • Merkel Cool to Calls for Boosting Bailout Fund Wednesday, 25 Jan 2012 | 2:25 PM ET
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    German Chancellor Angela Merkel has rejected calls for a big increase in the eurozone's rescue fund.

  • Davos 'Occupy' Dwellings Use What's at Hand: Snow Wednesday, 25 Jan 2012 | 12:51 PM ET
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    As the top 1 percent gather for the World Economic Forum, the Swiss activists from the Socialist Youth Group of Switzerland have set up their igloos—yes, igloos—in the center of the Alpine City.

  • How to Avoid Worst of All Worlds: Pay Poorest More Wednesday, 25 Jan 2012 | 12:20 PM ET
    Signs to Heaven and Hell

    The financial crisis, social unrest, and upcoming elections in some of the world’s biggest democracies have increased the risk of "dystopia" in the world, a panel of experts told the World Economic Forum Wednesday.

  • Morgan Stanley CEO Sees 'Room for Optimism' Wednesday, 25 Jan 2012 | 11:56 AM ET
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    "The year has started a little firmer," Morgan Stanley CEO James Gorman told CNBC during the Davos World Economic Forum. "The U.S. is in a little better shape than the markets have appreciated, and the markets are catching up."

  • Capital Is Key Issue for Euro Banks: JP Morgan Exec Wednesday, 25 Jan 2012 | 11:51 AM ET

    The “key issue” facing Europe’s banks is raising capital, not improving liquidity, JP Morgan Chase International’s chairman Jacob Frenkel told CNBC Wednesday.

  • Private Equity Gets a Bad Rap: Silver Lake Co-Founder Wednesday, 25 Jan 2012 | 11:26 AM ET
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    Although private equity is part of the larger capital markets that have driven growth and job creation in America, Glenn Hutchins, Silver Lake co-founder and co-CEO, tells  CNBC that private equity gets a bad rap.

  • Commentary: Demanding a New Breed of Leadership Wednesday, 25 Jan 2012 | 11:10 AM ET
    A sign of the World Economic Forum (WEF) is seen at the Congress center in the Swiss resort of Davos on January 24, 2012.

    "The old, hierarchical command-and-control approach is increasingly outdated. Instead, the ability to seek out diverse viewpoints and identify blind spots has become essential," writes Beth Brooke, Global Vice Chair, Public Policy at Ernst & Young.

  • Printing Money to Lead to 'Uglier' End-Game: Rogoff Wednesday, 25 Jan 2012 | 8:27 AM ET
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    The euro zone is nowhere near finding a solution to the debt crisis plaguing it and needs deep restructuring as well as a new constitution as part of an effective long-term remedy as printing money will not solve its problems, Kenneth Rogoff, Professor at Harvard University told CNBC on Wednesday.

  • Roubini: Europe Needs 'Massive Monetary Easing' Wednesday, 25 Jan 2012 | 8:07 AM ET
    Nouriel Roubini

    Europe needs "massive monetary easing" to get out of its debt crisis, otherwise Greece will likely abandon the euro in a year and a half, famous economist Nouriel Roubini told CNBC on Wednesday. 

  • George Soros Has Hard Words for European Union Wednesday, 25 Jan 2012 | 7:39 AM ET

    Billionaire investor George Soros on Wednesday minced no words on the financial troubles faced by the Europe Union, as he addressed the future of the EU before an audience in Davos.

  • Jobs Are Biggest Issue of Next Decade: Pandit, Others Wednesday, 25 Jan 2012 | 7:18 AM ET
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    Employment is the most important issue facing the world over the next decade, Vikram Pandit, chief executive of Citigroup, along with the other co-chairs of the World Economic Forum, told journalists in Davos Wednesday.

  • Solar Getting More Price-Competitive: Suntech Chief Wednesday, 25 Jan 2012 | 5:50 AM ET
    Hami Solar Power Station

    Even though falling solar panel prices led to a plunge in solar stocks in 2011, the CEO of U.S.-listed Suntech, the world's largest producer of panels, remains upbeat on the sector, saying it is has now become competitive vis-à-vis other energy sources.

  • Deep Problems for West 'Have Not Gone Away': CEO Wednesday, 25 Jan 2012 | 5:31 AM ET
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  • Obama Call for Tax Hikes Met With Resignation at Davos Wednesday, 25 Jan 2012 | 4:26 AM ET
    Participants have lunch on the opening day of the World Economic Forum (WEF) annual meeting on January 26, 2011 in Davos.

    Chief executives of some of the world’s best-known companies, gathering at the World Economic Forum in Davos, might be expected to resist any indication that the US raise taxes on the rich.

  • CEOs Have Gloomy Outlook, but Will Start Hiring Wednesday, 25 Jan 2012 | 4:15 AM ET
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    The mood among chief executives of the world’s biggest companies has gotten worse, but the outlook for jobs may be improving, according to a survey by PricewaterhouseCoopers.

  • India’s Wipro to Thrive in Challenging Times: CEO Wednesday, 25 Jan 2012 | 3:30 AM ET
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    TK Kurien, tells CNBC that his Bangalore-based IT services firm will  benefit in a challenging environment as its clients look to cut costs and squeeze out growth.

  • Tight Security, but Police Play Down Occupy Protesters Wednesday, 25 Jan 2012 | 2:25 AM ET
    Impression of a security staff next to the WEF-logo during preparation for the upcoming Annual Meeting 2012 of the World Economic Forum in Davos, Switzerland, January 23, 2012.

    First timers to the World Economic Forum in Davos will be surprised and impressed by the high visibility of security there, even if they're standing members of the international-conference-going, power-wielding, helicopter-renting set.