Finance
2012-02-10 09:29:28
Bank of America Corp. and other U.S. lenders’ settlement over foreclosure lapses leaves the firms vulnerable to years of litigation and billions of dollars in liabilities for their roles in the housing collapse.
2012-02-10 09:28:31
Bank of America Corp., JPMorgan Chase & Co. and three other U.S. banks reached a $25 billion settlement with 49 states and the federal government to end a probe of abusive foreclosure practices stemming from the collapse of the housing bubble.
2012-02-10 09:27:12
U.S. money-market funds more than doubled their short-term loans to French banks in January, ending six months during which they reduced funding.
2012-02-10 09:26:03
DNB ASA (DNB) will target the U.S. and Australia for debt sales this year after becoming the first European bank in three months to sell Samurai bonds.
2012-02-09 08:59:46
Mortgages that helped fuel speculation during the U.K.’s housing boom by turning homeowners into aspiring property moguls are making a comeback.
2012-02-09 08:58:55
Citigroup Inc. (C)’s Citibank was sued for $2.5 billion by bankrupt Lehman Brothers Holdings Inc. (LEHMQ), which said the bank “wrongfully” withheld the money after it was transferred by Lehman in the months before its 2008 bankruptcy.
2012-02-09 08:58:13
UniCredit SpA (UCG)’s $9.9 billion rights offer is leading Europe’s stock sales to the best start of the year since 2007, a sign that the region’s companies may return to the equity markets after last quarter’s slump.
2012-02-09 08:57:29
Canadian Prime Minister Stephen Harper urged his Chinese counterpart to approve proposed investments by Manulife Financial Corp. (MFC) and Bank of Nova Scotia as part of a broader effort to win greater access for Canadian companies in the Asian country.
2012-02-06 10:18:47
John Paulson, the billionaire money manager who had his worst year on record in 2011, posted a 5 percent gain in January in one of his largest hedge funds as all strategies rose, according to a person briefed on the returns.
2012-02-06 10:17:54
Hedge funds seeking to wring profits from a Greek debt restructuring are underestimating the will of policy makers to impose losses on them, according to investors who say trying to beat the politicians is too risky.
2012-02-06 10:16:28
Greek Prime Minister Lucas Papademos secured an outline agreement from the three political party leaders supporting his interim government on measures demanded by international creditors to release a 130 billion euro ($171 billion) financial rescue package.
2012-02-06 10:15:33
European leaders maintained pressure on Greece to accept terms demanded by international lenders during a weekend of talks to avert a financial collapse
2012-02-03 09:57:07
Deutsche Bank AG (DBK) shunned the three- year loans the European Central Bank offered to banks in December on concern taking the funds could damage its reputation with customers, said Chief Executive Officer Josef Ackermann.
2012-02-03 09:56:15
A lawyer for Kareem Serageldin, the ex-global head of Credit Suisse Group AG (CSGN)’s CDO business charged in a bonus-boosting fraud tied to a $5.35 billion trading book, said his client was surprised by the U.S. indictment since he has been cooperating with investigators for four years.
2012-02-03 09:54:45
Spain’s new government gave banks an extra year to recognize losses if they agree to merge, as it tries to overhaul the financial industry crippled by the collapse of the nation’s property boom four years ago.
| TIME | |||||
|---|---|---|---|---|---|
| Sydney | Tokyo | Ha Noi | HongKong | LonDon | NewYork |
| Prices By NTGOLD | ||
|---|---|---|
| We Sell | We Buy | |
| 37.5g ABC Luong Bar | ||
| 5,333.50 | 4,913.50 | |
| 1oz ABC Bullion Cast Bar | ||
| 4,426.80 | 4,026.80 | |
| 100g ABC Bullion Bar | ||
| 14,205.60 | 12,905.60 | |
| 1kg ABC Bullion Silver | ||
| 1,728.40 | 1,378.40 | |
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