Hints and tips:
...“Why have we not grown any giant companies?” James Anderson, joint manager of Baillie Gifford’s Scottish Mortgage Investment Trust, asked the Financial Times in June....
...It is a separately capitalised US bank holding company that acts as an administrator, trustee and custodian for all sorts of securitisations....
...This will give little financial space for homeowners who are seeing loan-to-value ratios back to pre-crisis levels and unprecedentedly high loan-to-income ratios....
...Royal Bank of Scotland grew out of National Westminster Bank and later ABN Amro; Deutsche grew out of Morgan Grenfell and Bankers Trust; JP Morgan Chase – Bank One, Chemical Bank, scrappy Bear Stearns, Washington...
...“Trust was shaken today,” Deutsche Bank chief european economist Thomas Mayer told the New York Times. As one executive of a major global bank said later, “It was something none of us had experienced....
...Option ARM [adjustable rate mortgage] loans, a form of Alt-A loans, were sold primarily to prime and near-prime borrowers between 2004 and 2007....
...For this purpose, Electoral Trusts will be such trusts as are set up as pass-through vehicles for routing the donations to political parties and are approved by CBDT....
...The Bank of England interest rate is now down to half a per cent, the lowest it has ever been. This has reduced the cost of mortgages and loans....
...As a result, Lehman, a bank with a little more than $20bn in equity at the time, joined Tishman Speyer, a developer, and Bank of America to spend $15bn on Archstone-Smith Trust, a property investment company...
...Deutsche Bank, for example, started betting on subprime defaults as early as 2006, while JPMorgan Chase placed trades to protect itself from a crash in spring 2007 and asset managers such as Pimco and BlackRock...
...It had been more than three months since HSBC became the first big global bank to reveal multi-billion-dollar losses on subprime mortgage loans....
...Business was booming as banks discovered ever more innovative ways to bundle up assets such as mortgages and sell them on....
...The recently revised national income accounts show that personal saving fell sharply from 2.1 percent of disposable income in 2003 and 2004 to less than 0.5 percent in 2005 and 2006, a decline equal to about...
...In November, the list of plaintiffs at the twice monthly sale included HSBC Home Mortgages, Wells Fargo, Bank of America and Deutsche Bank....
...trust the statistics....
...Private companies will not be able to see the national database, nor will government departments in their routine business - only for the prevention of crime or the protection of national security....
...Contagion can spread quickly As credit markets brace for possible fallout from today’s General Motors results they might note some striking research by Gary Jenkins, an analyst at Deutsche Bank who has...
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