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| FT.com - Financial Services
FT.com - Financial Services
Investment bankers reeling from the impact of the credit crisis face fresh job cuts as part of Allianz's imminent deal to sell Germany's Dresdner Kleinwort
The ubiquitous adverts that made some of New Star's best fund managers household names may become a thing of the past
The lender, which specialises in buy-to-let mortgages, warned arrears would continue to rise as it slumped to a loss after a 'very challenging' first half
Shares in Fannie Mae and Freddie Mac fell amid concerns foreign investors were reassessing their exposure to the troubled US mortgage financiers' bonds and guaranteed securities
China Development Bank, the state-owned lender that owns 3 per cent of Barclays of the UK, extended billions of renminbi in illegal and irregular loans last year, says a new report by China's state auditor
Allco Finance and Centro Properties brought home the ill-effects of the global credit crisis when they announced two of the largest annual losses in Australian corporate history
SVG, which is the biggest investor in Permira, reported the first fall in the value of its portfolio for seven years after writing down investments in ProSiebenSat.1, Valentino and Gala Coral
Bank of China has cut its portfolio of securities issued or guaranteed by troubled US mortgage financiers Fannie Mae and Freddie Mac by a quarter since the end of June
Merrill Lynch's losses in the past 18 months amount to about a quarter of the profits it has made in its 36 years as a listed company, according to Financial Times research that highlights the extent of the global banking crisis
HSBC has become the first foreign bank in Vietnam to hold a 20 per cent stake in a domestic bank as it increased its stake in Techcombank for a consideration of $77.1m
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