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Written by on September 30th, 2007 with no comments.
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September 2007
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Banks gloomy despite profit rises
The root of the debt problems lie in bad US home loans UK banks and building societies shook off prohibitive lending costs over the past three months to report a surprise rise in profits, a CBI survey suggests. The employers’ group said the balance of
Written by on September 30th, 2007 with no comments.
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Funds plan to join Knight Vinke lobbying against HSBC
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AWB, Commonwealth Bank, Gunns Ltd., Swick Mining: Australian Stock Preview
Oct. 1 (Bloomberg) — The following is a list of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed Sept. 28. Prices are from the Sept. 28 close unless otherwise stated. Stock symbols are in
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UBS latest victim of credit turmoil
UBS is on Monday expected to warn that it has written off billions of dollars on fixed income assets, making the Swiss banking group the biggest casualty so far of the recent turmoil in the global financial markets.According to people familiar with the
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Britain to increase protection for bank deposits
LONDON - Britain will raise depositors’ protection on their savings to 35,000, finance minister Alistair Darling will say on Monday after the country suffered its first bank run in more than a century last month. Under an industry-funded scheme, the
Written by on September 30th, 2007 with no comments.
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Britain to increase protection for bank deposits
LONDON - Britain will raise depositors’ protection on their savings to 35,000, finance minister Alistair Darling will say on Monday after the country suffered its first bank run in more than a century last month. Under an industry-funded scheme, the
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Japan’s Bank Stocks May Drop on U.S. Credit-Market Concerns, Led by Mizuho
Japanese Bank Stocks May Decline on U.S. Credit-Market Concerns By Chen Shiyin and Kiyori Ueno Oct. 1 (Bloomberg) — Japanese financial stocks may fall, led by Mizuho Financial Group Inc., after a private group said more Americans are missing mortgage
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Wachovia, Vatika in talks for Rs 500 cr investment
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Bank of England admits its gold reserves aren’t in mint condition
IT has long been the plaything of kings, the spoil of conquerors and supposedly the safest investment money can buy, but for the people of Britain, the national nest-egg might not quite be what it appears. Hidden away in vaults under the City of London,
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