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Nature loss 'dwarfs bank crisis' The global economy loses more money from deforestation than the current banking crisis, says an EU-commissioned report. Home > Rss Directory > General > BBC |
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Business Briefing | Earnings: Royal Bank of Scotland Posts a Rare Loss The Royal Bank of Scotland reported a half-year loss of £802 million, its first loss in 40 years, because of £5.9 billion in write-downs stemming from the American subprime credit crisis. Home > Rss Directory > Business > NY Time |
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French bank details $7.2 billion loss - CNN KIMA CBS 29French bank details $7.2 billion lossCNN - 1 hour ago(CNN) -- French bank Societe Generale described Sunday how one of its traders allegedly carried out a $7.2 billion (€4.9 billion) fraud, how the loss came to light and what it is doing to ensure such Home > Rss Directory > General > Google News |
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Coordinated plans on bank crisis should work, IMF head says - MarketWatch Voice of AmericaCoordinated plans on bank crisis should work, IMF head saysMarketWatch - 52 minutes agoBy Rex Nutting WASHINGTON (MarketWatch) -- Leading economies now have coordinated, detailed and comprehensive plans to resolve the severe credit crisis that has put th Home > Rss Directory > General > Google News |
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Microsoft, other IT firms seek payment from failed bank WaMu Microsoft got in line with several other organizations that are taking steps to get paid for products and services provided to Washington Mutual, the largest bank to fail in U.S. history.On Tuesday, Microsoft fi Home > Rss Directory > Technology > InfoWorld |
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UBS Sees $12B Net Loss in First Quarter The Swiss bank suffered serious damage due to exposure to the subprime crisis. Home > Rss Directory > Business > ABC News |
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UPDATE:AIG Posts $7.8 Billion Loss, Seeks Capital As Damage Mounts - CNNMoney.com CNBCUPDATE:AIG Posts $7.8 Billion Loss, Seeks Capital As Damage MountsCNNMoney.com - 1 hour agoAmerican International Group (AIG) joined the ranks of the credit crisis's biggest losers Thursday, reporting a $7.81 billion first-quarter loss and announcing plans to raise Home > Rss Directory > General > Google News |
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French bank details $7.2 billion loss French bank Societe Generale described Sunday how one of its traders allegedly carried out a $7.2 billion (¬4.9 billion) fraud, how the loss came to light and what it is doing to ensure such a case does not recur. Home > Rss Directory > General > CNN |
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Lehman Posts Loss and Plans to Raise Capital - New York Times Lehman Posts Loss and Plans to Raise CapitalNew York Times - 3 hours agoBy JENNY ANDERSON and LOUISE STORY Lehman Brothers, seeking to allay concern that it might become the next Wall Street bank to founder, said Monday that it would raise $6 billion to shore up its weakene Home > Rss Directory > General > Google News |
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First Loss for Royal Bank of Scotland A $11.4 billion write-down on risky assets sent Royal Bank of Scotland to a first-half loss that was one of the biggest in British history. Home > Rss Directory > Business > NY Time |
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Citi posts another loss, still wants to buy a bank
(Reuters) Reuters - Housing and credit market turmoil drove Citigroup Inc to its fourth straight quarterly loss and $13 billion of write-downs and credit losses, but the giant U.S. bank still wants to acquire deposits after its bid to acquire much of Wachovia Corp failed. Home > Rss Directory > General > Yahoo News |
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Merrill Reports Its Fifth Quarterly Loss Merrill Lynch, the investment bank that sold itself to Bank of America last month, reported a third-quarter loss on Thursday of $5.1 billion, or $5.56 a share. Home > Rss Directory > Business > NY Time |
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Caisse D'Epargne Chairman Quits Over Derivatives Trading Loss (AHN) (AHN) - Charles Milhaud, chairman of French bank Caisse d'Epargne, took responsibility for the $797 million loss suffered by the bank during a derivatives trading earlier this month. - Mon, 20 Oct 2008 18:16:02 GMT Home > Rss Directory > Business > AllHeadline |
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Citigroup Posts Record Loss on $18 Billion Writedown (Update6) - Bloomberg Boston GlobeCitigroup Posts Record Loss on $18 Billion Writedown (Update6)Bloomberg - 5 hours agoBy Bradley Keoun Jan. 15 (Bloomberg) -- Citigroup Inc. posted the biggest loss in the bank's 196-year history as surging defaults on home loans forced it to write down the Home > Rss Directory > General > Google News |
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Wachovia to Raise Capital After Loss - New York Times WBTWachovia to Raise Capital After LossNew York Times - 3 hours agoBy ERIC DASH Wachovia, the country’s fourth-largest bank, posted an unexpected loss on Monday, reduced its dividend and said it would raise about $7 billion from investors because of mounting hou Home > Rss Directory > General > Google News |
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RBS hit by £691m half-year loss Royal Bank of Scotland posts a six-month pre-tax loss of £691m, the second-biggest loss in UK banking history. Home > Rss Directory > General > BBC |
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Europe Offers Bank Guarantees, Seeks to Halt Financial Meltdown - Bloomberg Europe Offers Bank Guarantees, Seeks to Halt Financial MeltdownBloomberg - 39 minutes agoBy James G. Neuger Oct. 13 (Bloomberg) -- European leaders agreed to guarantee new bank refinancing and use taxpayer money to keep distressed lenders afloat, trying to stop the worst ro Home > Rss Directory > General > Google News |
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Bank Of Canada Assures Community It's Prepared To Provide Extra Liquidity (AHN) (AHN) - The Bank of Canada assured the country's financial community is was observing the Wall Street crisis on Monday. In a statement, the Canadian Central Bank explained it "will provide liquidity as required to support the stability of the Canadian financial system and the functioning of financia Home > Rss Directory > Business > AllHeadline |
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Money safety in bank crisis Lehman Brothers filed for Chapter 11 bankruptcy protection and Bank of America is buying Merrill Lynch. With the changing banking landscape, here's what you need to know about the safety of your own bank. Home > Rss Directory > Business > CNN |
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Europe’s Central Bank Lends to Hungary Hungary’s central bank signed a deal to borrow money from the European Central Bank to stave off the effects of the financial crisis and avoid becoming the next Iceland. Home > Rss Directory > Business > NY Time |