Member 4752Barclays profit drops after nearly $2 billion writedown (Reuters)15-05-2008 15h41Reuters - British bank Barclays said profits fell in the first quarter after it took a 1 billion pound ($1.95 billion) writedown on assets tarnished by the credit crunch. Trial set to start in Parmalat case vs Citigroup (Reuters)15-05-2008 13h41Reuters - More than four years after the meltdown of Italy's Parmalat SpA, the food company is set to begin presenting its case to a U.S. jury on Thursday accusing Citigroup Inc of playing a key role in its collapse. Judge rejects Countrywide's arguments: report (Reuters)15-05-2008 11h09Reuters - Directors and officers of mortgage lender Countrywide Financial must answer shareholder accusations of insider trading and failure to monitor lending practices that led to the company's collapse, a federal judge in California has ruled, the New York Times reported. U.S. to subpoena UBS for wealthy client names: WSJ (Reuters)15-05-2008 15h35Reuters - U.S. prosecutors are expected to approach UBS AG with a subpoena for the names of rich American clients who may have used the Swiss bank's services to skirt income taxes, the Wall Street Journal said on Thursday, citing lawyers and others involved in the case. Agricole to sell assets, restructure Calyon (Reuters)15-05-2008 16h12Reuters - Credit Agricole , France's biggest retail bank, said on Thursday it would sell assets and restructure its Calyon investment banking arm as it confirmed a 5.9 billion euro ($9.1 billion) rights issue. Economy - Wednesday (Investor's Business Daily)15-05-2008 07h55Investor's Business Daily - The Mortgage Bankers Association said mortgage applications for the week ended May 9 rose 2.9% to 674.4. The group said applications rose for a 2nd week as lower interest rates sparked a 6.5% jump in refinancing activity. Applications for buying a home fell 0.7%. With Treasury yields near 2008 highs, mortgage rates are moving back up. <<< Prev member Next member >>> Randon Members Member 4089 Member 4219 Member 226 Member 3497 Member 3544 Member 2675 Member 3270 Member 3635 Member 53 Member 3563 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 | |
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