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| | | ... JPMorgan Worldwide Securities Services has purchased the institutional custody portfolio of Nordea, one of the largest Nordic banks with $342.5 billion in assets under custody. According to a JPMorgan Worldwide Securities Services (JPMorgan), the deal ... |
| | | | ... and the S&P was down 1.1 per cent, while the Nasdaq was up 0.1 per cent. LONDON - Britain's FTSE 100 index ended lower as banks and oil shares weighed, although Enterprise Inns jumped on hopes of becoming a low-tax real estate investment trust. The blue-chip ... |
| | | | ... 91 cents, or 3.7 per cent, to $23.67. In the US overnight, Lehman Brothers Holdings Inc, lost nine per cent, leading US banks lower on speculation that the bank faces funding shortages. Lehman said the speculation was unfounded. The Dow Jones industrial ... |
| | | | ... progressing with its banking syndicate and the firm is optimistic of a satisfactory outcome. However the group warned that the banks' margin for its debt financing will increase above current levels. Changed investor attitudes towards appropriate levels ... |
| | | | ... if a politician tried to get away with a statement like that period. Stevens of course is trying to make the point that banks were so keen to lend money over the last few years that they started lending other people's money to meet credit demand. Trouble ... |
| | | | ... points, or 1.24 per cent, to 2,312.00. LONDON - UK stocks fell after the collapse of takeover talks knocked miner Xstrata and banks sank on profit-taking in the wake of the previous session's roaring rally. The FTSE 100 closed at 5,660.4 points, down ... |
| | | | ... stocks mostly were in the red after strong rises yesterday. "Commonwealth Bank has done very well today," he said. "The other banks are a bit soft, but they had astronomical rises yesterday." Commonwealth Bank and St George Bank said yesterday that they ... |
| | | | ... The Nasdaq Composite Index was up 14.77 points, or 0.63 per cent, to 2,341.52. LONDON - UK stocks rallied 3.5 per cent as banks led gains after a raised offer for Bear Stearns from JPMorgan Chase & Co soothed market jitters about the financial sector. ... |
| | | | Postmortem into what caused the sub-prime fiasco is pointing the finger at the investment banks, hedge funds and even the apparent hero Dr Greenspan. The main problem, according to a just-released book titled The Trillion Dollar Meltdown: Easy Money ... |
| | | | ... looked to be gaining the upper hand on the credit crisis. "There have been gains right across board today, with investment banks well up and (the big four) banks up," he said. The futures index pointed the way to further upside, Mr Vaughn said. At 1200 ... |
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