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Tuesday
02 December 2008
02:47 GMT
Financial News Feeds Bailey Morris-Eck
Time for Citi’s board to step up – part II
The financial crisis has cast light on some very complex structures that are difficult to understand – and few more so than the board of directors of Citigroup.
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Credit Suisse is cutting 10% of its London-based staff with the loss of over 600 jobs as the Swiss bank continues to slash positions across its investment banking business in the wake of the global financial crisis.01 Dec 2008
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Duffield takes almost £1m paper hit as FSA rebuffs suspension request
New Star’s senior management suffered hundreds of thousands of pounds in paper losses after the company’s share price halved in early trading today, following the regulator’s refusal to suspend shares in light of discussions between New Star and its lenders. But today’s losses are only a fraction of the directors’ total paper losses since the peak of New Star’s success early last year.01 Dec 2008 -
Tudor becomes largest fund to halt withdrawals 01 Dec 2008
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Hedge fund plans distressed convertibles fund 01 Dec 2008
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TCI puts $1.5bn on credit cards 01 Dec 2008
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Munich Re expands in Asia 01 Dec 2008
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Investors seek a better home for their money 01 Dec 2008
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Lehman’s Tory launches boutique 01 Dec 2008
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Hedge funds’ losses begin to slow down 01 Dec 2008
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P&O scheme plans fixed-income move 01 Dec 2008
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Where were the investors? 01 Dec 2008
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