TOP 100 FINANCIAL SITES
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| UBS reports huge loss due to U.S. subprime crisis UBS, Switzerland's largest bank, said on Thursday that it suffered a net loss of 12.45 billion Swiss francs (11.28 billion U.S. dollars) in the fourth quarter of last year due to the U.S. subprime mortgage crisis. The bank also post ... english.people.com.cn |
S Korea's consumer prices climb 3.6% in February South Korea's consumer prices rose by 3.6 percent in February from a year earlier due to the increasing prices of crude oil, agricultural and manufactured products, the Korea National Statistical Office (NSO) said at a report on Monday. ... english.people.com.cn |
Dimon dangles carrots to win support for takeover JPMorgan Chase & Co Chairman Jamie Dimon offered Bear Stearns Cos managing directors cash and stock incentives to win their support for a takeover and prevent them from leaving the firm, two people familiar with the matter said.Dimon sa ... english.people.com.cn |
SocGen tightens controls after rogue trader case PARIS (Reuters) - French bank Societe Generale istightening its controls after a rogue-trading scandal that costit 4.9 billion euros ($7.73 billion), but its chairman said onWednesday banks remained vulnerable to fraud. feeds.reuters.com |
Many states appear to be in recession as deficits grow The finances of many states have deteriorated so badly that they appear to be in a recession, regardless of whether that's true for the nation as a whole, a survey of all 50 state fiscal directors concludes.... hosted.ap.org |