Hints and tips:
...Mr Justice Floyd again rules in the bank’s favour....
...There is now the beginning of a generalized run on the banking system of these economies; a collapse of the shadow banking system, i.e. those non-banks (broker dealers, non-bank mortgage lenders, SIV and...
...Citigroup, Morgan Stanley, Deutsche Bank, Credit Suisse, RBS and Wachovia had an uncomfortable time in Texas on Thursday....
...ICICI’s managing director, K V Kamath, called the rumours “baseless and malicious”....
...Morgan Stanley shares rose 2.2 per cent to $45.70 while Wachovia climbed 3.9 per cent to $27.00. Energy stocks also moved higher thanks to sale and contracts news....
...Bank of America, Citigroup, HSBC, Merrill Lynch, UBS and Wachovia also worked on the flotation....
...He writes to support Michigan regulators, who brought the case Watters v Wachovia Bank to challenge a federal appeals court ruling that allowed the feds to assert their supremacy over state-based subsidiaries...
International Edition