Hints and tips:
...We assume a peak in Bank rate of 4.25 per cent in Q1, but regardless of the precise level, the key thing for us is that the bar to reverse course is very high — don’t look to central banks to come to the...
...More than half the bonds were triple A, the same as the US government. The most senior paid a premium of just 0.16 per cent over Libor....
...I love Greece but I can’t trust the economy will be stable enough for me to build a long-term career. “For us, the timing was right....
...The effective interest rate on the outstanding stock of mortgages also will continue to decline, as households refinance old loans at cheaper rates, unless the MPC hikes interest rates this year....
...As the hotel group’s prospects darkened and profits collapsed, the banks had to write down the value of their loans to Hilton....
...… Poetry Notebook: 2006-2014, by Clive James, Picador, RRP£14.99/ Liveright, RRP$24.95 James’s miniature essays, originally conceived as a series for Poetry magazine, showcase his passion for verse –...
...There are 530 trusts holding the mortgage bonds and about 1m loans. Both sides question each other’s motives for agreeing or disputing the deal....
...“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....
...Bank of America, acting as servicer for all of CWABS 2006-06 gets around to filing a foreclosure suit against the Nadeaus on the last day of 2009....
...The mortgage was then assigned in blank to a series of other entities, including Lehman Brothers Bank and Lehman Brothers Holdings, before being transferred into a securitised trust....
...“I can’t wait to be a car guy,” he tells journalists. 2006 Oversees the mortgaging of most of Ford’s assets to a number of banks, which raises $23.5bn 2007 Ford records a loss of $12.7bn for 2006....
...And to ensure that this is not a net tax cut for banks, I am adjusting the bank levy rate next year to offset its effect....
...Nat wanted to invest it in his position as successor at RIT – a de facto stepping down for Lord Jacob. “He didn’t go for it – he didn’t want to retire,” said a person who knows both men....
...But in the US, “there is a lot more economic motivation for women to work and for them to excel within a corporate setting.”...
...In August last year, Moody’s issued what was then considered a gloomy outlook for corporates in the US....
...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....
...One indenture trustee suit: The Company has been named as a defendant in a case filed in the Delaware Court of Chancery by the Bank of New York Mellon in its capacity as indenture trustee with respect to...
...As a result, Lehman, a bank with a little more than $20bn (€14bn, £11bn) in equity at the time, joined Tishman Speyer, a developer, and Bank of America to spend $15bn for Archstone-Smith Trust, a property...
...UBS’s current losses were triggered by the meltdown in the US subprime mortgage market. But the seeds of the bank’s downfall were sown a decade earlier....
...Mortgage brokers came to replace banks and thrifts as the primary mortgage originators....
...The bank’s operating profit for the second quarter of 2007 was SKr 4,554m ($699m), an increase of 17 per cent compared with the corresponding quarter of 2006 and 10 per cent better than the previous quarter...
...As a result, the 2006 list - at least in its upper ranks - reflects a year of consolidation for many of the best-known and most powerful women in European business....
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