HSBC Still Cautious, Despite Good Results - BusinessWeek
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HSBC Still Cautious, Despite Good Results
BusinessWeek By Nick Clark HSBC (HBC) cautioned it had seen little sign of an end to the recession yesterday as rising bad debts hit the bank's first-quarter profits and it warned loan impairments were likely to increase further this year. … HSBC reports first-quarter profits well ahead of last year HSBC Holding Up HSBC dents hope of a quick recession recovery |
Bad debts on the rise, says CBA - The Age
 TheBull.com.au |
Bad debts on the rise, says CBA
The Age, Australia But a steady flow of increased revenue into bottom-line earnings has not been enough to protect the second-half dividend, which will be cut by 25 per cent to $1.15 a share in a bid to protect capital and offset the higher bad debt charge. … Commonwealth Bank To Cut Final Div 25% CBA slashes dividend as bad debts rise Tony Boyd A tale of two banks |
Debt Settlement Can Hurt More Than Help - CBS News
 New York Times |
Debt Settlement Can Hurt More Than Help
CBS News, NY "In the past, home equity or year-end bonuses could be used to help pay off debt," she said. "But those options have disappeared, along with the ability to easily obtain a loan or additional credit cards. This makes many people struggling with bills … What To Do When Facing Debt Crisis Debt consolidation Credit Card Debt: The Ideal Way To Get Rid Of The Menace Of Debt |
Steinbrueck Plan Lets Banks Swap Bad Assets for Bonds - Bloomberg
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Steinbrueck Plan Lets Banks Swap Bad Assets for Bonds
Bloomberg Banks participating in the program will be allowed to deposit so-called “structured” debt into a special-purpose vehicle, or SPV, including asset-backed securities and collateralized debt and loan obligations, the draft said. … |
Goldman Takes Heat for Conflicts at Whitehall - Wall Street Journal
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Goldman Takes Heat for Conflicts at Whitehall
Wall Street Journal This spring, Whitehall warned its investors that lower-than-expected revenue at those properties, which include the Stratosphere hotel and casino on the Las Vegas Strip, may lead to a default on the loan. So Whitehall asked its lender, Goldman, … |
College: A story of debt - Oregon Daily Emerald
 BET |
College: A story of debt
Oregon Daily Emerald, OR If we're going to improve the economy, it's important to safeguard the financial futures of the new generation that is soon to enter the workforce with bad credit and huge debt. Banks and auto manufacturers got their bailouts - now students need them, … Changing Credit Card Terms Squeeze Consumers Bank's $180 Billion Credit Card Time Bomb Banks Faced With Rising Credit Card Losses |
STOCKS NEWS EUROPE-Allied Irish down after bad debt jump - Reuters
 BBC News |
STOCKS NEWS EUROPE-Allied Irish down after bad debt jump
Reuters AIB, which has been hit hard by plummeting commercial property markets, set aside 1.8 billion euros in bad debt provisions for 2008. "Reality is finally biting at AIB at the moment," one Dublin-based trader says. "The loan losses being guided are now … AIB says it faces €4.3bn charge over bad debts AIB raises bad debt charge to €4.3bn; Loans in difficulty … Allied Irish Raises 2009 Loan Impairment Forecast |
Editorial - Bank crisis very real for ag producers - Fort Morgan Times
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Editorial - Bank crisis very real for ag producers
Fort Morgan Times, CO New Frontier may have made some bad loans, but it also made some good ones. And the debtors on those good loans should not be forced to go down with the ship when billions of dollars are being bandied about for bailouts across the spectrum of finance, … |
HSBC Still Cautious, Despite Good Results - BusinessWeek
|
HSBC Still Cautious, Despite Good Results
BusinessWeek By Nick Clark HSBC (HBC) cautioned it had seen little sign of an end to the recession yesterday as rising bad debts hit the bank's first-quarter profits and it warned loan impairments were likely to increase further this year. … HSBC reports first-quarter profits well ahead of last year HSBC Holding Up HSBC dents hope of a quick recession recovery |
Bad debts on the rise, says CBA - The Age
TheBull.com.au |
Bad debts on the rise, says CBA
The Age, Australia But a steady flow of increased revenue into bottom-line earnings has not been enough to protect the second-half dividend, which will be cut by 25 per cent to $1.15 a share in a bid to protect capital and offset the higher bad debt charge. … Commonwealth Bank To Cut Final Div 25% CBA slashes dividend as bad debts rise Tony Boyd A tale of two banks |
Debt Settlement Can Hurt More Than Help - CBS News
New York Times |
Debt Settlement Can Hurt More Than Help
CBS News, NY "In the past, home equity or year-end bonuses could be used to help pay off debt," she said. "But those options have disappeared, along with the ability to easily obtain a loan or additional credit cards. This makes many people struggling with bills … What To Do When Facing Debt Crisis Debt consolidation Credit Card Debt: The Ideal Way To Get Rid Of The Menace Of Debt |
Steinbrueck Plan Lets Banks Swap Bad Assets for Bonds - Bloomberg
|
Steinbrueck Plan Lets Banks Swap Bad Assets for Bonds
Bloomberg Banks participating in the program will be allowed to deposit so-called “structured” debt into a special-purpose vehicle, or SPV, including asset-backed securities and collateralized debt and loan obligations, the draft said. … |
Goldman Takes Heat for Conflicts at Whitehall - Wall Street Journal
|
Goldman Takes Heat for Conflicts at Whitehall
Wall Street Journal This spring, Whitehall warned its investors that lower-than-expected revenue at those properties, which include the Stratosphere hotel and casino on the Las Vegas Strip, may lead to a default on the loan. So Whitehall asked its lender, Goldman, … |
College: A story of debt - Oregon Daily Emerald
BET |
College: A story of debt
Oregon Daily Emerald, OR If we're going to improve the economy, it's important to safeguard the financial futures of the new generation that is soon to enter the workforce with bad credit and huge debt. Banks and auto manufacturers got their bailouts - now students need them, … Changing Credit Card Terms Squeeze Consumers Bank's $180 Billion Credit Card Time Bomb Banks Faced With Rising Credit Card Losses |
STOCKS NEWS EUROPE-Allied Irish down after bad debt jump - Reuters
BBC News |
STOCKS NEWS EUROPE-Allied Irish down after bad debt jump
Reuters AIB, which has been hit hard by plummeting commercial property markets, set aside 1.8 billion euros in bad debt provisions for 2008. "Reality is finally biting at AIB at the moment," one Dublin-based trader says. "The loan losses being guided are now … AIB says it faces €4.3bn charge over bad debts AIB raises bad debt charge to €4.3bn; Loans in difficulty … Allied Irish Raises 2009 Loan Impairment Forecast |
Editorial - Bank crisis very real for ag producers - Fort Morgan Times
|
Editorial - Bank crisis very real for ag producers
Fort Morgan Times, CO New Frontier may have made some bad loans, but it also made some good ones. And the debtors on those good loans should not be forced to go down with the ship when billions of dollars are being bandied about for bailouts across the spectrum of finance, … |