TOP 100 FINANCIAL SITES
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| Second SocGen trader reportedly released after questioning French police reportedly release a Société Générale employee without charges, following two days of questioning about jailed trader Jerome Kerviel. feeds.marketwatch.com |
Cazenove Pretax Profit Falls Cazenove reported an 11% decline in 2007 pretax profit from weaker markets and said its chief executive is stepping down after 23 years at the privately held investment-banking firm. online.wsj.com |
U.S. dollar loses currency clout Antique store owners in lower Manhattan, ticket vendors at India's Taj Majal and Brazilian business executives heading to China all have one thing in common these days: They don't want U.S. dollars. detnews.com |
Lehman sees banks, others writing down $400 billion NEW YORK (Reuters) - Lehman Brothers Inc strategists expect financial institutions worldwide to write down as much as $400 billion for bad debts by the end of 2008, and said competing estimates of as much as $1.2 trillion seem implausible. feeds.reuters.com |
U.S. stocks trade mixed on weaker-than-expected corporate profits U.S. stocks traded mixed Monday on weaker-than-expected corporate profits. Bank of America reported that its first-quarter earnings fell 77 percent on write-downs and widening credit losses. Shares of National City dropped a ... english.people.com.cn |