Irish bonds rebound, banks hold ground after Anglo
By SHAWN POGATCHNIK 2010-09-09T16:54:16ZDUBLIN (AP) -- Investors welcomed Ireland's plan to split up its most debt-crippled bank, Anglo Irish, by bidding strongly Thursday for government bonds. Ireland's battered bank shares also held their ground.... hosted.ap.org |
iPhone users face 600pc increase in insurance charges
O2 customers will see a change to their iPhone insurance policies at the end of September as excess charges increase by as much as 600pc. telegraph.co.uk |
Financial Stocks: Financials reverse into red; M&T shares drop
The U.S. financial sector declines as a private-sector employment report comes in weaker than expected. M&T Bank Corp. shares fall after a major shareholder says it plans to unload its stake. feeds.marketwatch.com |
BofA halts foreclosures in 50 states
By ALAN ZIBEL 2010-10-08T18:17:08ZWASHINGTON (AP) -- A mushrooming crisis over potential flaws in foreclosure documents is threatening to throw the real estate industry into chaos, as Bank of America on Friday became the first bank to stop taking back tens of thousands of foreclosed homes in all 50 states.... hosted.ap.org |
Accounting rules face new scrutiny
Britain's accounting standards and the link to the financial crisis will be put under fresh scrutiny this week as two influential committees hear evidence that the banks have adhered to "dangerously flawed" rules for more than five years. telegraph.co.uk |