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news.yahoo.com
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By GEORGE FREY, AP Business Writer 1 hour, 27 minutes ago BASEL, Switzerland - The global economy could face a deeper downturn than many currently expect amid rising inflation and the turmoil on financial markets, the Bank for International Settlements..
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news.yahoo.com
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15 minutes ago NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) said on Monday that it received a notice from federal regulators indicating that one of its units may face an enforcement action related to "the bidding of various financial instruments ass..
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By Joseph A. Giannone 23 minutes ago NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) Chairman and Chief Executive Jamie Dimon on Monday told bank investors that while the current credit market crunch may soon be over, the U.S. economy could still face..
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By Mark Felsenthal 1 hour, 17 minutes ago WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy could face a mild recession but that growth should pick up as the impact of aggressive interest rates cuts are felt..
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news.yahoo.com
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By Huw Jones 35 minutes ago LUXEMBOURG (Reuters) - Credit rating agencies, under fire for being slow to warn investors about financial turmoil, face much tougher scrutiny and even new laws, a top market regulator said on Wednesday.
Critics say the agen..
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news.yahoo.com
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By Alexandra Hudson 52 minutes ago AMSTERDAM (Reuters) - Private equity firm Carlyle Group's Dutch-listed affiliate said on Friday it may face cashflow problems after it received substantial additional margin calls and default notices.
"In the past sev..
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By Andrew Hurst, European Banking Correspondent 51 minutes ago ZURICH (Reuters) - Swiss bank UBS could face billions of dollars more in subprime-related write-downs in 2008, which could tip it into a second year of losses, analysts warned investors, sen..
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news.yahoo.com
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1 hour, 45 minutes ago NEW YORK (Reuters) - GMAC LLC, the auto and mortgage lender controlled by Cerberus Capital, may face "substantial difficulty" if credit markets do not improve, Cerberus founder Stephen Feinberg wrote in a January letter to investo..
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news.yahoo.com
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1 hour, 5 minutes ago NEW YORK (Reuters) - Citigroup Inc (C.N), Merrill Lynch & Co (MER.N) and JPMorgan Chase & Co (JPM.N) may face larger fourth-quarter write-offs of fixed-income securities than previously expected, and Citigroup may have to slash its..
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