| Banking Stocks Cut at Bear Stearns on Mortgages, Bad Loans http://www.bloomberg.com/ap... Banking Articles Bloomberg - Oct. 26 (Bloomberg) -- Bear Stearns & Co. cut its rating for the biggest U.S. banks to ``market underweight'' because losses tied to mortgages and bad loans may be higher than expected and reduce earnings. Bear Stearns lowered its rating from ... |
| Brussels shares TFN market data at 11.08 am; Dexia down on banking ... http://www.forbes.com/afxne... Banking Articles Forbes - -Dexia down 0.82 eur or 3.79 pct at 20.84 eur on negative sentiment for the banking sector -KBC Group down 1.41 eur or 1.52 pct at 91.30 eur -Delhaize down 0.92 eur or 1.40 pct at 64.79 eur -Agfa-Gevaert down 0.11 eur or 1.20 pct at 9.04 eur -Solvay ... |
| Northwest corporate results | Columbia Banking System, Northstar ... http://seattletimes.nwsourc... Banking Articles Seattle Times - Dollar figures in thousands, except per share; parentheses denote losses. COMMENT: Results for the Tacoma-based bank reflect the acquisition in July of Mountain Bank Holding and Town Center Bancorp. The corresponding increase in outstanding shares ... |
| London shares open lower, Sainsbury drops after Delta Two pulls bid ... http://www.cnbc.com/id/2163... Banking Articles CNBC - Banking stocks were lower on renewed credit fears. Barclays was off 11-1/2, Alliance & Leicester was down 11 at 719.5, Northern Rock fell back 4.8 at 166.5 and HBOS was 14-1/2 lower at 810.5. Elsewhere, miners fell back as prices eased. BHP ... |
| Fixing Citigroup will test Rubin http://www.iht.com/articles... Banking Articles International Herald Tribune - And domestic retail banking, which pales in comparison to Bank of America and JPMorgan Chase, is not big enough to make a dent on earnings. The investment bank has problems of its own. Recent losses have raised question about its risk management ... |
| Asian Currencies Fall, Led by Won, Ringgit, as Stocks Decline http://www.bloomberg.com/ap... Banking Articles Bloomberg - The won rallied at the open then backed off,'' Westpac Banking Corp. strategists including Sean Callow in Singapore wrote in a note to investors. Dollar-won ``gyrated with the movements on the Kospi.'' `Weaker Bias' The ... |
| Asian markets tumble with Hang Seng leading rout; subprime fear ... http://www.forbes.com/marke... Banking Articles Forbes - Banking stocks across the region dipped after Citigroup, the world's biggest bank, rattled investors with the announcement that it expects additional writedowns of 8-11 billion dollars to reflect the declining value of the roughly 55 billion dollars ... |
| Guy Carpenter Appoints Chris Klein to Lead Newly Established Knowledge ... http://news.moneycentral.ms... Banking Articles MSN MoneyCentral - The firm's full breadth of services includes 16 centers of excellence in Accident & Health, Agriculture, Alternative Risk Transfer, Environmental, General Casualty, Investment Banking*, Life & Annuity, Marine & Energy, Professional Liability ... |
| Milan shares TFN market data at 9.32 am; Fondiara, Tenaris lead fall ... http://www.forbes.com/afxne... Banking Articles Forbes - Intesa Sanpaolo down 0.64 pct at 5.26 despite the comments from Morgan Stanley which singles out the Italian bank, along with DnB Nor, as the most defensive names in the European banking sector. -Fiat down 1.03 pct at 22.16, correcting after Friday's ... |
| World shares fall as Citi reignites credit concerns http://www.washingtonpost.c... Banking Articles Washington Post - Banking giant Citigroup's chairman and chief executive Charles Prince resigned on Sunday as the bank said it may write off $11 billion of subprime mortgage losses, on top of a $6.5 billion write-down last quarter. Concerns about the banking sector ... |