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European banks need to raise up to $141 billion: Goldman

Fri Jul 4, 2008 7:33AM ET
(Reuters) - Goldman Sachs said the European banks sector needs to raise about 60 billion to 90 billion euros ($94 to $141 billion), or withhold one year of dividends, to reach an aggregate Tier I ratio of 9 percent -- a level achieved by European banks that have recapitalized recently.
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Video: Technology Channel

Baaba Maal touts tech as tool

Monday, July 30, 2007 2:16 PM
Jul. 30 - Senegalese singer Baaba Maal says technology is helping African artists gain new audiences.