business - "credit"

Credit crunch is defying the optimism of executives who had cautiously hoped worst was over

The fallen Lehman CFO will join credit Suisse as a liason with hedge funds.

Further job cuts, suspension of dividend and other internal measures will account for most of a $15-billion liquidity boost

The head of Crédit Agricole, France's biggest retail bank, on Tuesday bet his job and won after forcing a vote of confidence from the board in the wake of record subprime losses

Erin Callan, former Lehman Brothers chief financial officer, has been hired by credit Suisse to fill the new position of global head of the bank's hedge fund business, the company said

Shares in Centro Properties and Allco Finance, two of the biggest Australian casualties of the credit crisis, rose after they sold assets to boost balance sheets

Consumers told to guard all personal information.

NEW YORK (Reuters) - U.S. bank shares fell to their lowest level since 1996 on fears of greater credit losses for an already battered sector.

PARIS (MARKET WIRE) The Board of Directors recognised the success of the capital increase, which took place in extremely difficult market conditions. It highlighted the significant involvement of the Regional Banks through the intermediary of SAS Rue La Boétie, and the 130% oversubscription for rights not held by the aforementioned. Thus the Crédit Agricole S.A. group confirms that it will comfortably reach a Tier One ratio of at least 8.5 per cent at 30 June 2008.

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