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business - "credit"
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Banks expected to feel pain until 2010Traders are betting that the credit crunch will still be hurting banks at the end of 2010 with financial institutions expected to be scrambling for cash to shore up their end-of-year balance sheets FT.com Wednesday, July 16, 2008
French bank Natixis to raise 3.7 billion euros in capitalResearch ), France's fourth-biggest listed bank, said on Wednesday it was launching a 3.7 billion euro (2.9 billion pound) capital increase due to the credit crisis that has battered banks around the ... Big News Network Wednesday, July 16, 2008
Callan is Bound for C. SuisseErin Callan, the former chief financial officer of Lehman Brothers Holdings Inc., was hired by credit Suisse Group AG to head a unit that advises hedge funds. topix.net Wednesday, July 16, 2008
Wall St. soars on banks' best day in 16 years (Reuters)Stocks rallied more than 2 percent on Wednesday, powered by the best day for banks in 16 years as unexpectedly strong results from Wells Fargo & Co relieved worry about a credit crisis spiraling out of control. yahoo.com Wednesday, July 16, 2008
Cleveland-Cliffs in $10bn coal mining dealCleveland-Cliffs has agreed to buy Alpha Natural Resources, an Appalachian coal mining company, for nearly $10bn in cash and stock, in another indication that companies with solid credit ratings and a strong strategic rationale can still ink deals in spite of tight lending markets FT.com Wednesday, July 16, 2008
How Bad Will It Get on Wall Street?As the credit crisis grinds on, the prospects fora quick recovery darken BusinessWeek Wednesday, July 16, 2008
Jennifer Openshaw: The 15-minute tip: Who's watching your credit score?Sure, the better your credit score the easier (and cheaper) it is to borrow. But more than ever, your credit score is becoming your life's little report card. MarketWatch.com Wednesday, July 16, 2008
PlaySpan buys PayByCashPlaySpan Inc., which makes payment technology for online game s and virtual worlds, bought PayByCash, a non- credit card payment company. Bizjournals.com Wednesday, July 16, 2008
The Church Feels The Crunch The credit crunch has affected all walks of life and not the church is its latest victim. Forbes Wednesday, July 16, 2008
Wall St. jumps on Wells Fargo results, oil's slideNEW YORK (Reuters) - The three major U.S. stock indexes rallied more than 2 percent on Wednesday, powered by the best day in two decades for some major banks as unexpectedly strong results from Wells Fargo & Co relieved worry about a credit crisis spiraling out of control. Reuters Wednesday, July 16, 2008
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Archived "business - credit" news stories.
Available news archives.
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