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Latest News:

Word of new capital boosts Citigroup Boston Globe - HONG KONG - Citigroup Inc. rose in New York trading after The Wall Street Journal reported that the biggest US bank is seeking as much as $10 billion from foreign investors as mortgage-related losses deepen. Merrill Lynch & Co., the largest brokerage
Word of new capital boosts Citigroup




Tony Blair proves that it is more who you know Times Online - Who said the war in Iraq was a mistake? Tony Blair is now benefiting from keeping the American's happy with a £500,000 a year part time job with a US bank. Hundreds of thousands may have died; a country may be in ruins and the terrorist threat has
Tony Blair proves that it is more who you know

Tony Blair proves that it is more who you know Times Online - Who said the war in Iraq was a mistake? Tony Blair is now benefiting from keeping the American's happy with a £500,000 a year part time job with a US bank. Hundreds of thousands may have died; a country may be in ruins and the terrorist threat has
Tony Blair proves that it is more who you know

Tony Blair can lobby Britain on behalf of US bank Times Online - Tony Blair will be allowed to lobby the Government on behalf of the bank that has appointed him as an adviser. Mr Blair confirmed yesterday that he had taken a job with JP Morgan Chase, the financial services and investment banking group. The bank
Tony Blair can lobby Britain on behalf of US bank

Northern Rock: Bank Faces £100m Pension Black Hole Sky.com - the fund so that it will be secure - and ensuring that the pensioners and their money will be protected. Separately, the bank says it has sold off its portfolio consisting of lifetime home equity release mortgages for £2.2bn to JP Morgan. The US bank
Northern Rock: Bank Faces £100m Pension Black Hole




Word of new capital boosts Citigroup Boston Globe - HONG KONG - Citigroup Inc. rose in New York trading after The Wall Street Journal reported that the biggest US bank is seeking as much as $10 billion from foreign investors as mortgage-related losses deepen. Merrill Lynch & Co., the largest brokerage
Word of new capital boosts Citigroup

Taiwan's Mega Bank ratings not immediately hit by US subprime exposure Forbes - MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said its ratings and outlook on Mega International Commercial Bank Co Ltd, a wholly owned unit of Mega Financial Holding Co, are not immediately hit by the disclosed losses from the bank
Taiwan's Mega Bank ratings not immediately hit by US subprime exposure




German savings banks not hit by US subprime crisis fallout Forbes - FRANKFURT (Thomson Financial) - Germany's Sparkassen savings banks are not seeing a negative impact from the US subprime mortgage loan crisis, savings bank association DSGV head Heinrich Haasis told Handelsblatt newspaper in an interview
German savings banks not hit by US subprime crisis fallout