S&P downgrades 11 top global bank credit ratings Reuters - USA In Europe, S&P shaved one notch off the ratings of Barclays , Credit Suisse, Deutsche Bank, Royal Bank of Scotland and UBS. It kept the rating of HSBC Bank, ... See all stories on this topic | ||
Citizens confirms layoffs Boston Globe - United States Citizens, parent of Citizens Bank and a unit of Royal Bank of Scotland, said the layoffs would occur throughout the regions where it does business and did ... See all stories on this topic | ||
AFP Vodafone was the most traded stock, seeing 275 million shares switch owners, followed by Royal Bank of Scotland (RBS) which saw 129 million units change ... See all stories on this topic | ||
Outlook worsens for China jobs and industry Reuters - USA Friday, the Royal Bank of Scotland slashed its forecast for 2009 gross domestic product growth to 5 percent, from 8 percent, the lowest of the major banks. ... See all stories on this topic | ||
Masked man holds up security van BBC News - UK Two security men were delivering cash to the Royal Bank of Scotland in Main Street at about 2345 GMT on Thursday. A dark vehicle drove up at speed and a ... See all stories on this topic | ||
RBS Said to Cut 70 Asia-Pacific Investment Bank Jobs Bloomberg - USA 19 (Bloomberg) -- Royal Bank of Scotland Group Plc, 58 percent owned by the UK government after a bailout, cut more than a third of Asia investment-banking ... See all stories on this topic | ||
Dollar Heads for Weekly Decline on Fed’s Near-Zero Rate Policy Bloomberg - USA ... nothing,” said Masafumi Yamamoto, head of foreign-exchange strategy for Japan at Royal Bank of Scotland Plc in Tokyo and a former BOJ currency trader. ... See all stories on this topic | ||
Bank of America CCB Stake Sale Scuttled by China Rule Bloomberg - USA Royal Bank of Scotland Group Plc, controlled by the UK government after a bailout, owns 20.9 billion shares in Bank of China, or 8.47 percent, while Temasek ... See all stories on this topic | ||
RBS slashes China '09 GDP growth forecast to 5 pct Reuters - USA BEIJING, Dec 19 (Reuters) - Royal Bank of Scotland on Friday slashed its forecast for China's 2009 gross domestic product growth to 5 percent, ... See all stories on this topic | ||
Caravan jobs set to go as bank pulls the plug Hull Daily Mail - Hull,England,UK After learning of the problem, Hull West and Hessle MP Alan Johnson wrote to the Royal Bank of Scotland asking it to step in. However, the Royal Bank of ... See all stories on this topic |
2008 Was The Most Serious Financial Crisis since the 1929 Wall Street Crash. When viewed in a global context, taking into account the instability generated by speculative trade, the implications of this crisis are far-reaching. The financial meltdown will inevitably backlash on consumer markets, the global housing market, and more broadly on the process of investment in the production of goods and services.
Saturday, 20 December 2008
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NY Times: Business Owners Hiring Mercenaries as Police Budgets Cut
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The bad news for this spring's college graduates is that they're entering the toughest labor market in at least 25 years. The worse ...
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