Posted by By BETTINA WASSENER in : Uncategorized ,
The layoffs, 90 percent of which will be in Hong Kong, is a further indication that the Asian financial community is being affected by the global financial crisis.
Posted by By ERIC SYLVERS in : Uncategorized ,
Two years after his stint at the helm of the central bank ended in scandal, Antonio Fazio goes on trial in Milan, accused of rigging markets to keep Italian banks in Italian hands.
Posted by By DIANA B. HENRIQUES in : Uncategorized ,
In an unusual step, the Treasury Department said it was prepared to buy assets from a troubled money market mutual fund that has been frozen for more than two months.
Posted by By ROB COX and DWIGHT CASS in : Uncategorized ,
For the first time in memory, a single bank, JPMorgan, is poised to nab a triple play at the top of the M.& A., debt and equities rankings.
Posted by By ERIC DASH and LOUISE STORY in : Uncategorized ,
The greatest banking turmoil is setting in around Citigroup, which has lost half its value in four days.
Posted by By BEN WHITE and VIKAS BAJAJ in : Uncategorized ,
In a stunning turnabout, the banking giant has sunk to its knees and is running short on time and options.
Posted by By ANDREW ROSS SORKIN and LOUISE STORY in : Uncategorized ,
Options discussed included a public endorsement from the government or a new financial lifeline.
Posted by By THE ASSOCIATED PRESS in : Uncategorized ,
Regulators say Downey Savings and Loan Association and PFF Bank & Trust fell victim to the acute distress in the housing market in that state.
Posted by By LANDON THOMAS JR. in : Uncategorized ,
Barclays executive Roger Jenkins forged relationships with several Middle Eastern investors who put $8.6 billion into Barclays.
Posted by By GRETCHEN MORGENSON in : Uncategorized ,
When the Treasury gave taxpayer billions to the banks, it attached no strings. So is it any surprise that lending is tight?