Eurozone Will Survive Debt Crisis Intact, Tokyo Loses Out as Foreign Banks Refocus

Good days friends, Eurozone future, Eurozone will survive debt crisis intact, A year ago fears that Europe's monetary union was about to break-up were commonplace and it was seen heading towards the cliff edge

Stocks news from FTSE 100 closes in on year highs, Strong earnings news and better eurozone economic data energise the London index which moves back toward its March peak for 2012

From banking industry, UBS introduces fees on franc deposits, UBS becomes the second Swiss bank to impose negative interest rates on institutional clients, as it battles with haven flows into the franc

From Japan economic news, Tokyo loses out as foreign banks refocus, Industry trends spur foreign banks to reduce their presence in the world's third-largest economy, threatening the city's status as a financial centre

Meanwhile, US Treasury to sell last of AIG stake, The US Treasury agrees to sell its remaining shares in AIG, the insurance group whose 2008 bailout was the most contentious in the US