Archive for the 'Financial Services' Category



More Relief for the Credit Crunch?

Thursday 13 December 2007 @ 2:32 pm

The head of the New York Fed, Timothy Geithner, hinted at further actions to restore banking confidence but offered no specifics




Why Citi May Need a Merger

Monday 10 December 2007 @ 8:01 pm

Because of the weakness in its capital structure, the financial-services giant may need to pair up with another bank




UBS: Lose a Few Billion, Win a Few Billion

Monday 10 December 2007 @ 9:51 am

Investors washed down the bitter pill of the bank’s second subprime writedown with the news of an infusion of cash from sovereign wealth funds




Henry Paulson’s Holiday Wish List

Monday 10 December 2007 @ 4:10 am

The U.S. Treasury Secretary will be asking Beijing for faster appreciation of the yuan and reforms that will let foreigners in on the country’s investment banking boom




What Will Europe’s Central Banks Do?

Tuesday 4 December 2007 @ 1:44 pm

S&P thinks the conflicting risks of higher inflation and lower growth will lead to at least one ECB rate cut in the second half of 2008




Tempted by Financials’ Fat Dividends

Wednesday 28 November 2007 @ 6:28 pm

Share prices of big names like Citi and WaMu have taken such a hit that they now offer eye-popping payouts. Buyer beware




Subprime City Confidential: Nov. 28, 2007

Wednesday 28 November 2007 @ 2:57 pm

Freddie cuts its dividend and investors applaud. Wells Fargo’s No No Song. And just how big are those CDO losses?




Countrywide Under Promontory Review

Wednesday 28 November 2007 @ 1:47 pm

Spurred by the SEC and Senator Schumer, Countrywide has hired the respected financial consultancy to review its corporate governance policies




The Analyst Who Rocked Citi

Monday 26 November 2007 @ 7:10 pm

Meredith Whitney’s dire predictions shook the financial giant to the core and brought death threats. But Wall Street seems to think she got it right




Fresh Pain for the Uninsured

Tuesday 20 November 2007 @ 8:01 pm

As doctors and hospitals turn to GE, Citigroup, and smaller rivals to finance patient care, the sick pay much more




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