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RBS to axe 2,300 UK jobs as former boss says he is 'sorry'
The Royal Bank of Scotland (RBS) are to axe 2,300 office jobs, but said there will be no branch job loses. Former RBS chief executive Sir Fred Goodwin said that he "could not be more sorry" for what had happened to... Barclays Bank of Delaware Commits Fraud in Charlotte, NC Airport
On December 23, 2008 I arrived in the airport in Charlotte, North Carolina on my way to visit family in Florida for the Christmas holidays. As I entered the US Airways departure gate area, a young woman at a...
created by Art_By_Alida | 44 wks ago | updated 42 wks ago
3287 views | 59 recommendations | 30 comments
3287 views | 59 recommendations | 30 comments
Ten signs of insolvency
The warning signs were all there, first identified by the partner in a firm that cleaned up after the corporate excesses of the '80s, and dusted off today in Australia's Sunday Mail. " 1. A company Mercedes-Benz... Europe banks extend rally on state aid, US plan
European markets have opened higher after a strong performance by Asian exchanges. The major European markets have opened up 4 percent or mote, and are still rising. The rise is probably partly due to the dramatic...European stock markets surge more than 5 per cent
European stock markets rebound in early deals on Monday, with London, Frankfurt and Paris each up more than five per cent. Stocks also soared more than five per cent in Zurich and Amsterdam after European leaders agreed to inject billions of dollars of...Lehman CEO Punched at Gym
The heads of these big banks are becoming targets. In this case it was a Lehman employee."While former Lehman CEO Richard Fuld was testifying before the House Oversight Committee Oct. 6, CNBC reported he had...Barclays, RBS in Talks on U.K. Government Funding
RBS and Barclays banks in the UK are thought to be the next to be in trouble, with shares in both banks plummeting today. It is thought that the UK government is going to take partial ownership in both banks."The U.K. government may invest at least 45 billion pounds ($79...Early London rally wiped out, European market volatile
Stock markets across Asia-Pacific bounced back after huge losses for last many days in early trading. Several governments took desperate economic measures to survive the crisis. Indian government had cut down... London banker dies after trying to save couple from gang assault
A very sad case is being reported in the UK. A city banker and father of two has died after trying to depend a young couple, who were strangers to him, from a gang attack. "A senior banking executive died of head...
created by Dave Keating | 1 year ago | updated 1 year ago
195 views | 22 recommendations | 6 comments
195 views | 22 recommendations | 6 comments
Update: National capitalism reborn, first controlled 9/15 demolition Lehman, ...
Update Sept-19: US creates government sponsored Bad Bank Update Sept-17John W. Snow, Cerberus hedge fund CEO (Chrysler) says:"We have a broken Market economy, we have to fix it" Update Sept-15National capitalism... Vijay Singh wins fourth Barclays title
Vijay Singh of Fiji won his fourth Barclays Classic title on Sunday after beating Spain’s Sergio Garcia and American Kevin Sutherland in a playoff.Read full article Barclays Bank policy of silence. A credit card fraud story.
Once upon a time in Portugal there was this big international bank, the Barclays Bank. And there was this Client, Pedro. Although a low budget Client, living in a place where Barclays Bank is frequently understood... Barclays 'to get cash infusion from major Japanese bank'
The UK banking sector certainly appears to have been stuck with a lot of sub-prime debt problems."Barclays Plc may be close to securing a 100bn yen (€594m) capital injection from Japan’s Sumitomo Mitsui Banking Corp. as part of the bank’s efforts to weather the impact...Islamic hedge funds find a way of going short « Peter J. Cooper’s Weblog
"Barclays Capital, and the Dubai Multi Commodities Centre Authority, an agency of the Dubai government, today announced the first Shariah compliant hedge funds on the Al Safi Trust platform. This breaks new ground for Islamic investors and opens up an entirely new asset class...US House Prices at One Third of their 2001 Value
"US House Prices at One Third of their 2001 ValueBy The Anglo American | March 10, 2008 It only takes 240 ounces of gold to buy a US house. There has never been a better time to melt the jewelry. In gold...
created by The Anglo American | 1 year ago | updated 1 year ago
575 views | 10 recommendations | 2 comments
575 views | 10 recommendations | 2 comments
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