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Industry - Banking latest news

Industry - Banking latest news


Economic Preview: Energy costs, credit crunch sapping strength
U.S. consumers were glad to take their $600 gift from Uncle Sam, but it didn't brighten their mood any.
MarketWatch.com Sunday, July 06, 2008

Russian billionaire calls for Norilsk-Rusal mining merger: report
LONDON (MarketWatch) -- Russian billionaire Mikhail Prokhorov has called for the creation of a $100 billion Russian mining champion ahead of an intense boardroom battle with former friend and business partner Vladimir Potanin Monday, reports The Independent on Sunday.
MarketWatch.com Sunday, July 06, 2008

Israel Stocks: Real estate, tech hit as Internet Gold to sell MSN Israel stake
Israeli stocks fall for a third straight session, flashing brightly red as all of the major and sector indexes -- and particularly those for technology and real estate -- slump.
MarketWatch.com Sunday, July 06, 2008

V. Phani Kumar's This Week in India: Infosys results, DLF's share buy-back in focus
The headline numbers will probably smell like roses when Indian software major Infosys announces its quarterly results this week, but chances are the figures alone won't tell the whole story.
MarketWatch.com Sunday, July 06, 2008

Real Estate: Renters left out in cold when apartment owners default
As the mortgage foreclosure crisis ripples through the economy some experts say it's increasingly difficult for low-income renters forced out of foreclosed apartment buildings to find other affordable places to live.
MarketWatch.com Sunday, July 06, 2008

Swiss banks may need to raise $68 billion more: reports
Swiss banking giants UBS and Credit Suisse may need to raise $68 billion more in capital to meet new demands from their bank supervisor.
MarketWatch.com Sunday, July 06, 2008

Chuck Jaffe: With most funds, managers have none of their own funds at stake
In times like these, investors would like to take some comfort that they are investing like the pros. Indeed, it's comforting to know that the people running your mutual fund have their money -- and their family's cash -- mixed into the same pool as yours.
MarketWatch.com Sunday, July 06, 2008


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