| IMF Speaks On Credit Crisis http://news.tbo.com/news/na... Credit Articles Tampa Bay Online - This feature requires the Macromedia Flash Plugin. Please visit http://www.macromedia.com/go/getflashplayer to download this plugin. WASHINGTON - Finance ministers and central bankers should remain vigilant to ensure the smooth functioning of ... |
| Corporate Bond Risk Rises in Europe, Credit-Default Swaps Show http://www.bloomberg.com/ap... Credit Articles Bloomberg - Oct. 22 (Bloomberg) -- The risk of owning European corporate bonds rose, according to traders of credit-default swaps. Contracts on the iTraxx Crossover Series 8 Index of 50 European companies with mainly high-risk, high-yield credit ratings ... |
| Ceridian assigned 'B' corporate credit rating with negative outlook ... http://www.forbes.com/marke... Credit Articles Forbes - MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it has assigned a 'B' corporate credit rating to information services company Ceridian Corp with a negative outlook. S&P said it also assigned its bank loan and recovery ratings to ... |
| Huntington Bank 3rd-qtr earnings fall 12 percent on merger-related ... http://www.cnbc.com/id/2135... Credit Articles CNBC - COLUMBUS, Ohio - Regional bank Huntington Bancshares Inc. said Thursday third-quarter earnings fell 12 percent as merger-related costs and the tightening of the credit market offset a big jump in income. Profit fell to $138.2 million, or 38 cents per ... |
| Weakening credit market, severance charges lead to 3rd-quarter ... http://www.cnbc.com/id/2135... Credit Articles CNBC - ATLANTA - Regional bank SunTrust Banks Inc. said Thursday third-quarter earnings fell 23 percent due to writedowns on loans, increasing loss reserves and severance charges. SunTrust's third-quarter net income fell to $412.6 million, or $1.18 per ... |
| Bank of America's profit falls on credit markets http://news.moneycentral.ms... Credit Articles MSN MoneyCentral - NEW YORK (Reuters) - Bank of America Corp , the second-largest U.S. bank, on Thursday said third-quarter profit fell 32 percent, hurt by the impact of volatile capital and credit markets on its investment banking unit. Net income fell to $3.7 billion ... |
| Credit Suisse/ZEW Oct economic indicator improves to minus 16 pts vs ... http://www.forbes.com/afxne... Credit Articles Forbes - ZURICH (Thomson Financial) - The indicator for economic expectations in Switzerland improved 10.7 points to minus 16 in October, from minus 26.7 points in September, according to the latest survey by Credit Suisse Group and the Centre for European ... |
| Japan's 10-Year Bonds Rise on Speculation of Global Credit Rout http://www.bloomberg.com/ap... Credit Articles Bloomberg - Oct. 19 (Bloomberg) -- Japanese 10-year bonds advanced for a fourth day after growing concern over a global credit-market rout increased demand for the relative safety of government debt. Notes in the U.S. and Europe rallied on speculation the U.S ... |
| Asian Markets Open Lower on U.S. Credit Concerns http://www.cnbc.com/id/2136... Credit Articles CNBC - Asian markets opened the Friday session lower, as selling pressure kicked in on continued credit worries exacerbated by poor results from Bank of America. Investors were also watching currency and oil movements after the U.S. dollar sank to a ... |
| BoA takes surprise credit crunch hit http://www.telegraph.co.uk/... Credit Articles Daily Telegraph - Bank of America is undertaking a high-level strategic review of its investment banking business after trading losses of more than $1.4bn (£700m) contributed to a 32pc drop in third-quarter profits. BoA chief executive Ken Lewis ordered the review as ... |