Results 1 - 20 of 309,490 in Banking
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Hang Seng slips 1.9pc after poor US homes data
Hong Kong shares slid 1.9 per cent on Friday morning, as analysts predicted the end of a short-lived global rally after disappointing US home sales data rekindled worries over the health of financial markets.
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Japan's Yen Gains Versus Euro, Dollar as Carry Trades Pared on Stocks Drop
The yen gained, set for its first weekly advance against the euro since May, as a decline in stocks prompted traders to pare holdings of higher-yielding assets funded in Japan.
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Wachovia CFO Tom Wurtz leaving
Wachovia Corp. announced Thursday evening that chief financial officer Tom Wurtz is leaving the company.
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Macquarie Bank: Market Marking Lapse For Singapore Warrants
Macquarie Bank Ltd. said Friday that its designated market maker Macquarie Capital Securities Pte.
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Korea FSC To Hold Media Briefing 0700 GMT On KEB Deal
South Korea's Financial Services Commission said Friday that it will hold a media briefing at 0700 GMT on the sale of a controlling stake in Korea Exchange Bank.
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Credit Crunch: Goldman Raises $10 Billion Fund To Finance Its Own LBOs
As the credit crisis had dried up the loans to finance leveraged buyouts , Goldman Sachs has decided to fill the gap by raising a $10 billion fund that will invest in such loans.
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Failure Of Mortgage Lenders Scrutinized
A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp.
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Australia's NAB takes US$800m hit from US debt
... earnings," said Eric Betts, equities strategist at Nomura Australia. NAB's announcement pulled down rest of the banking sector. Second-ranked Commonwealth Bank of Australia Ltd fell 5.2%, Australia and New Zealand Banking Group Ltd, the ...
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COMING SATURDAY: High gas prices are having an effect on volunteerism. United Community Banks net income down United Community Banks Inc., the third-largest bank holding company in Georgia, reported its net ...
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Singapore: Oil prices steady at $US125
WORLD oil prices have held steady in Asian trade in a market calmed by slowing global demand.
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Energy market investors managed to win back modest gains Thursday after oil's big drop a day earlier, but they drove natural gas prices sharply lower as a three-week sell-off continued.
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Fortescue faces $7m fines over deaths
COMPANIES owned by Australia's wealthiest individual, Andrew Forrest, face fines of up to $7 million over the death of a worker and serious injuries to five others during a cyclone at a Pilbara construction ...
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Not over yet: Credit crunch worst yet to come - NAB
NATIONAL Australia Bank chief executive John Stewart said the global credit crunch had not yet reached its low point.
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Founders of News Site Involved In Mortgages, Wachovia's Ills
Here's a story you won't find on the Web site of ProPublica, the crusading new online news organization.
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Craig's track associates remember him as friend
Hall of Fame trainer Ron McAnally yesterday remembered Sid Craig, who died Monday of cancer at 76, as "one of the best clients and friends anyone could have ever had." McAnally was the main trainer for the ...
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Irwin Financial sells assets to Roosevelt Management
LLC, thereby removing $1.0 billion of Irwin's home equity loans from its balance sheet.
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SEC chairman, New York Fed chief butt heads over i-bank regulation
During a July 24 House hearing, SEC Chairman Christopher Cox urged Congress to resist calls to impose commercial bank-style regulation on investment banks and deny investment banks permanent access to federal ...
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National City posts $1.8B loss for 2nd quarter
Regional bank National City Corp. on Thursday reported a $1.76 billion loss for the second quarter, as mortgage loans soured and it took a big charge related to previous acquisitions.
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Stocks fall after sales of existing homes decline
Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's ...
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JPMorgan, Investors in Talks to Acquire, Break Up HBOS, Telegraph Reports
JPMorgan Chase & Co. is in talks with banks and private equity firms to acquire and break up HBOS Plc, the biggest U.K. mortgage lender, the Telegraph newspaper said, citing people it didn't identify.
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