Barclays write-down proves a relief to investors
Story date: 2007-11-15 07:34:00
Added on: 2007-11-15 08:24:32
International Herald Tribune - ... lower-than-expected write-downs on securities related to the U.S. subprime mortgage ... October was an especially difficult month in the markets, as credit rating agencies ... other consumer loans, forcing the bank to set aside $3.4 billion to cover bad ...
Read more...
Related Stories:
-
Wall Street banks expect billions more in write-downs
International Herald Tribune - Analysts at UBS go further, predicting the world's largest banks could ultimately take $123 billion to $203 billion...
2008-02-18 08:36:00 -
Commerzbank names chief and details subprime write-downs (International Herald Tribune)
Commerzbank named Martin Blessing as chief executive Tuesday and said its total write-downs related to the U.S. subprime crisis were €337 million...
2007-11-06 12:14:46 -
Analyst: Bank of America could take $1 billion mortgage-related hit (Orlando Sentinel)
Bank of America is expected to report about $1 billion in mortgage-related charges in its upcoming earnings report, according to one senior...
2007-10-08 12:48:09 -
UBS: Banks Face $203B in Writedowns
Forbes - ... in further write-downs from the crisis facing bond insurers and from bad bets on mortgage-backed securities and leveraged...
2008-02-15 02:27:00 -
Banking Bust: More To Come
Forbes - Now the bad news: There are still billions worth of potentially toxic securities ... billion loss in the fourth quarter...
2008-01-16 01:30:00 -
E*Trade sees bigger debt write-downs (CNN Money)
E*Trade Financial Corp. said Friday the value of its holdings of securities backed by home mortgages has fallen significantly, and as a...
2007-11-09 05:56:10 -
Morgan, Goldman prep for Q2 write-downs (Crain's New York Business)
Morgan Stanley is expected to post $3 billion in second-quarter write-downs this week, while Goldman Sachs is slated to write down $1.8...
2008-06-16 03:05:30 -
Further Write-Downs Expected For SocGen - Analysts - EasyBourse.com
Further Write-Downs Expected For SocGen - AnalystsEasyBourse.com, France - 3 hours agoThat amount was broken down to EUR1.1 billion related to US residential mortgage...
2008-01-28 06:56:59
