76422 results returned for search: "" category "Business"
FRANKFURT, (Reuters) - The president of Germany's financial watchdog BaFin broke his silence, speaking for the first time publicly since the sub-prime crisis rattled Germany and warned that it could also suck in insurers.
"Insurers don't invest in a ...
DATE: Jan 18, 2008
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In retrospect, the most intriguing sub-plot in the collapse of the sub-prime mortgage market has been not the size of the losses but their distribution.
Wall Street firms have a talent for getting themselves into trouble together. They all were long ...
DATE: Jan 18, 2008
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Bermudians Keira Petty and Zoe Roberts have been named as new associates at Mello Jones & Martin's corporate practice group.
Both Ms Petty and Ms Roberts joined the firm as pupils in 2006 and were called to the Bermuda Bar in September and October 20...
DATE: Jan 18, 2008
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WASHINGTON (Reuters) - Federal Reserve chairman Ben Bernanke yesterday threw his support behind efforts to craft an economic stimulus package and repeated that the US central bank was ready to act aggressively to counter recession risks.
"Fiscal acti...
DATE: Jan 18, 2008
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NEW YORK (Reuters) - Insurance broker Willis Group Holdings Ltd. has approached bigger rival Marsh & McLennan Cos with a view to starting talks about a possible takeover of Marsh & McLennan, according to a report on CNBC television yesterday afternoo...
DATE: Jan 18, 2008
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NEW YORK (Bloomberg) — US regulators sued a Russian trader for hijacking customer accounts at firms including E Trade Financial Corp. and TD Ameritrade Holding Corp. in 2006, part of a spate of break-ins at online brokerages.
Anatoly Russ, 25, stole ...
DATE: Jan 18, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index dove yesterday, as fears of the possibility of a recession in the US prompted a slump in resources and financials, leading to a third straight day of hefty losses.
The S&P/TSX composite inde...
DATE: Jan 18, 2008
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HONG KONG (Bloomberg) — HSBC Holdings Plc, Europe's biggest bank, may slow dividend growth as losses from its US home-loan operations and other pressures threaten its balance sheet, Goldman Sachs Group Inc. said.
"We believe it would be prudent for H...
DATE: Jan 18, 2008
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Jeremy Cox has been promoted to the new post of deputy chief executive officer of the Bermuda Monetary Authority (BMA), in what appears to be a move to groom the Bermudian to take over the top job at the financial regulator.The current BMA CEO, Matth...
DATE: Jan 18, 2008
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NEW YORK (AP) - Wall Street extended its 2008 plunge yesterday, tumbling after a regional Federal Reserve report showed a sharp decline in manufacturing activity and as investors feared that downgrades of key bond insurers could trigger further troub...
DATE: Jan 18, 2008
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