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Banks cave in to rate-cut pressure
SIX leading lenders bowed to enormous political and public pressure yesterday and said they would reduce mortgage rates.
Icelandic bank prevents UK savers from withdrawing savings
Landsbanki Islands hf, Iceland's second- biggest lender, blocked customers at its U.K. online savings unit Icesave from withdrawing money after the Icelandic Financial Supervisory Authority took control of the parent company.
Iceland suspends bank stocks as krona plunges
Iceland suspended trading in its main banks and guaranteed savers' deposits yesterday after the country's currency went into freefall and the Government was faced with the prospect of financial and economic meltdown.
Q&A: The British Bank rescue
Henderson to cut staff further as share price falls on profit warning
Shares in Henderson Group fell to their lowest since late 2005 after the UK asset manager issued a profit warning yesterday.
Number of jobless will hit 300,000 next year
UNEMPLOYMENT is set to spiral to 8pc next year, a level not seen since the early days of the Celtic Tiger in 1998.
China Village Restaurant
Cantonese, Szechuan, and American cuisine prepared to order for dine in or carry out. Fast, fresh, and tasty! Telephone 248-758-1221 ~ Fax 248-758-1223. - Bloomfield Hills, Michigan
Market Report: Miners mauled on another manic Monday
The past few weeks have proved hard work for market commentators, with each plunge calling for an ever more outlandish hyperbole. After the New Black Monday, then Meltdown Monday, another 8 per cent plunge yesterday looked like Massacre Monday as miners and banks were smashed.
Superwoman dealmaker advises on Irish banks
One of the most influential female dealmakers in the City of London, Henrietta Baldock of Merrill Lynch, is understood to be advising the Government on the future landscape of Irish banking.
Law Offices of Stephen C. Watt
General Practice with over thirty years of experience Estate planning, Real Estate, Business, Litigation, Divorce and Criminal law. Reasonable rate and friendly service. - Grand Rapids, Michigan
G7 pledges action to save banks
In Washington the comings and goings at the IMF conference of the world's finance ministers and central bankers seemed curiously irrelevant against such a tsunami of fear. So far this week, their actions – bank rescue plans, an internationally co-ordinated cut in interest rates and a pledge of billions of dollars in assistance from the IMF for distressed economies – have been met with a raspberry from the markets.
Computer giant axes 133 jobs as part of global cull
A COMPUTER industry giant is to axe 133 hi-tech jobs at bases in Dublin and Kildare as part of a major worldwide restructuring plan.
Black Monday II: the worst for decades
More than £93 billion was wiped from the value of the UK's biggest companies today as London's FTSE 100 suffered its biggest fall since Black Monday.
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