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business - "credit"
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Citigroup stumbles againCitigroup delivered another devastating quarterly loss Friday, this time losing more than $5 billion due to troubling results in its fixed-income business and higher consumer credit costs.
Malaysia's stock market operator's profit shrinksKUALA LUMPUR, Malaysia (AP) - Malaysia's stock market operator said Friday its net profit shrank 40 percent in the first quarter as the U.S. credit crisis and domestic political uncertainties sapped trading activity.
Australian fund forced to take loanAustralia's ING Industrial Fund has taken a loan of A$325 million after the global credit crisis forced it to reduce other types of funding.
Findel's warning spurs sell-offThe home shopping company stuns the market with a bad debt provision only 15 days after an upbeat trading statement as it acknowledges the effect of the credit squeeze
US stocks up after Citigroup announces layoffsWall street rallied Friday after Citigroup reported losses that were not severe as anticipated and announced plans to slash more than 9,000 jobs to help the bank recover from the credit crisis. bignewsnetwork.com Friday, April 18, 2008
Citigroup reports $5bn loss and sheds 9,000 jobsSuffering like many of its rivals from disastrous bets placed on mortgages and leveraged loans before the full wrath of the credit crisis took hold, Citigroup was damaged by $16bn in writedowns. This ...
How To Thaw A Frozen Line Of Credit (Investor's Business Daily)Falling home values are prompting lenders to take new defensive steps to guard against loan defaults. They've started to freeze and cut back...
Citigroup sees second giant lossCitigroup reports a loss of $5.11bn and cuts 9,000 jobs as the credit crisis continues to take its toll.
Overview: Equity and credit investors cheer bank resultsA solid week for US and European equity markets was accompanied by a surge in government bond yields, while traders saw sharp swings in the dollar and commodities
GFI says rival brokerage firm raiding top credit tradersSAN FRANCISCO (MarketWatch) -- GFI Group, a leading credit derivatives brokerage firm, says a rival company is trying to poach some of its top traders.
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Archived "business - credit" news stories.
 Available news archives.
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