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"During the quarter, we significantly increased capital and liquidity. For 2012, our focus is to continue to build capital and liquidity and manage expenses." | "During the quarter, we significantly increased capital and liquidity. For 2012, our focus is to continue to build capital and liquidity and manage expenses." | ||
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| + | == the Xiao Ming where Zhongban teacher Zhang == | ||
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| + | 've been kneeling. Parents retrieval of surveillance video from the kindergarten, Xiao Ming does the teacher kneeling. Xiao Ming's mother, Ms,hollister. Cui told reporters that the 4-year-old Xiao Ming on Yongnian County Shengjia kindergarten. On the afternoon of June 28, Xiao Ming's grandmother to pick up their kids go home the next morning, Xiao Ming did not dare to go to kindergarten, Grandpa asked that Xiao Ming kneeling by the teacher in the school. June 29,abercrombie, Ms. Cui to send their children to the kindergarten, where children took her to kneel (classes),lancel, she asked a small four classes of two teachers know the children were kneeling thing, two teachers did not know,mulberry outlet uk. She asked the children are eating, a little boy, pointing to the door, said: "Yesterday,abercrombie, he kneeling here, still here crying." Subsequently, Ms,abercrombie uk. Cui to the principal demanded to see surveillance video. In the video,hollister, she saw, the Xiao Ming where Zhongban teacher Zhang, Xiao Ming from the corridor side-tracked by a small four classes, four classes of the teachers and all the students facing the small, kneeling for half an hour,abercrombie outlet. The surveillance video showed Ms. Cui told reporters that a teacher grabbed Xiao Ming arm banla half dragged zone to a small four classes, throw in the right side of the door. Xiao Ming from time to time your hands on the ground, to support the body, left foot exchange forced to remain kneeling posture ... Half an hour later, Zhang came back, kicking Xiao Ming to indicate it the Xiao Ming buttresses sky. In this regard, Zhang explained,hollister shop, the child class to go to the toilet, did not go to the nearest place in their class, and the children back to the classroom, he said do not want to return to the classroom and write,lancel pas cher, Zhang pulled the child to go to a small four classes of corporal punishment. The reporter interviewed blocked to Shengjia kindergarten, said a staff member, the of Yongnian County Board of Education and the police station has been involved in the matter, the reporter can find the Department of Education or the police station to interview.</p><p> | ||
| + | Related articles: | ||
| + | <ul> | ||
| + | |||
| + | <li>after the child was born two years old</li> | ||
| + | |||
| + | <li>528 room</li> | ||
| + | |||
| + | <li>an interview with reporters</li> | ||
| + | |||
| + | </ul> | ||
Revision as of 09:39, 2 February 2013
Bank of America has reported a $2bn (�1.2bn) profit for the three months to the end of 2011, compared with a $1.2bn loss in the same period in 2010.
It signals continued recovery for the US' second biggest lender.
For the full year, the company reported net profits of $1.4bn compared with a net loss of $2.2bn in 2010.
Meanwhile Morgan Stanley, the world's largest broker, reported a fourth-quarter loss of $250m compared with a profit of $836m a year earlier.
Despite the loss, the results at Morgan Stanley beat analysts' expectations since it was able to increase its share of the equity trading market in the period.
For the full year, Morgan Stanley said its net revenues were $32.4bn compared with $31.4bn in 2010.
Recent results from American banks have been mixed with Goldman Sachs announcing on Wednesday that it made 47% less in profits than in 2010 whilst Citigroup posted a 6% rise on the previous year.
Bank of America chief executive Brian Moynihan said: "We enter 2012 stronger and more efficient after two years of simplifying and streamlining our company."
"Reflecting a gradually improving economy," continued Mr Moynihan, "we saw solid business activity by companies of all sizes, with commercial and industrial loan balances rising."
Bank of America was one of the worst performers on Dow Jones Industrial Average index of leading companies in 2011, losing 58% of its share value over the year.
The lender has been hit by lingering concerns about bad mortgage loans on its books in the wake of the 2008 sub-prime crisis when it was bailed out by the US government.
The bank has been building up its reserves, known as Tier 1 capital, to protect itself against the risk of further bad loans.
"Our fourth-quarter results reflect the aggressive steps we have been taking to strengthen the balance sheet and position the company for long-term growth," said chief financial officer Bruce Thompson in a statement.
"During the quarter, we significantly increased capital and liquidity. For 2012, our focus is to continue to build capital and liquidity and manage expenses."
the Xiao Ming where Zhongban teacher Zhang
've been kneeling. Parents retrieval of surveillance video from the kindergarten, Xiao Ming does the teacher kneeling. Xiao Ming's mother, Ms,hollister. Cui told reporters that the 4-year-old Xiao Ming on Yongnian County Shengjia kindergarten. On the afternoon of June 28, Xiao Ming's grandmother to pick up their kids go home the next morning, Xiao Ming did not dare to go to kindergarten, Grandpa asked that Xiao Ming kneeling by the teacher in the school. June 29,abercrombie, Ms. Cui to send their children to the kindergarten, where children took her to kneel (classes),lancel, she asked a small four classes of two teachers know the children were kneeling thing, two teachers did not know,mulberry outlet uk. She asked the children are eating, a little boy, pointing to the door, said: "Yesterday,abercrombie, he kneeling here, still here crying." Subsequently, Ms,abercrombie uk. Cui to the principal demanded to see surveillance video. In the video,hollister, she saw, the Xiao Ming where Zhongban teacher Zhang, Xiao Ming from the corridor side-tracked by a small four classes, four classes of the teachers and all the students facing the small, kneeling for half an hour,abercrombie outlet. The surveillance video showed Ms. Cui told reporters that a teacher grabbed Xiao Ming arm banla half dragged zone to a small four classes, throw in the right side of the door. Xiao Ming from time to time your hands on the ground, to support the body, left foot exchange forced to remain kneeling posture ... Half an hour later, Zhang came back, kicking Xiao Ming to indicate it the Xiao Ming buttresses sky. In this regard, Zhang explained,hollister shop, the child class to go to the toilet, did not go to the nearest place in their class, and the children back to the classroom, he said do not want to return to the classroom and write,lancel pas cher, Zhang pulled the child to go to a small four classes of corporal punishment. The reporter interviewed blocked to Shengjia kindergarten, said a staff member, the of Yongnian County Board of Education and the police station has been involved in the matter, the reporter can find the Department of Education or the police station to interview.</p>Related articles:
- after the child was born two years old
- 528 room
- an interview with reporters
