Yell finalises plan to cut £3.8bn debt - This is Money
The Yellow Pages publisher gave details on how it hoped to cut its £3.8bn debt mountain by more than 20% as it said it plans to tap the equity market later this year for at least £500m by issuing new shares. Yell will use the funds raised to pay
How to tame the animal spirits - ninemsn
Never allow a crisis to go to waste. Rahm Emanuel’s pithy take on the credit crunch has already entered the political ?lexicon. But the call by the White House chief of staff to seize the opportunities is as good a yardstick as any of how authorities
First-time buyers foiled as mortgages disappear - The Guardian
First-time buyers with a 10% deposit are struggling for choice. Photograph: Rex/E M Welch The problems faced by first-time buyers were highlighted today as research showed a 75% fall in the number of loans available over the past year to those with
EXCLUSIVE-YRC slashes jobs, cuts ’sizable’ -sources - CNN Money
OVERLAND PARK, Kan. (Reuters) - Troubled trucking company YRC Worldwide Inc is cutting substantial numbers of jobs across many departments, sources inside the company said Friday. Officials at YRC, which has been working with lenders and labor to try
For new banks, starting up is hard to do - CNN Money
Try starting one of your own. Even as enterprising bankers try to benefit from a less competitive industry landscape and Americans’ new-found love for Main Street banks, many industry hopefuls have had their dreams deferred. Nearly a year ago, Cindy
Lloyd’s tips for lenders - Wall Street Journal
The insurance market Lloyd’s of London can teach bank executives a thing or two about coming back from the brink. The Lloyd’s of the early 1990s is strikingly similar to the banking industry of 2008. Both, built on repackaging securities, collapsed
Top Italian banks say no to state aid - MSN Money
ROME (AP) - Italy’s two largest banks, Unicredit and Intesa SanPaolo, backed out of a plan to sell bonds to the government, saying Tuesday that improving economic conditions made the proposed state aid unnecessary. Unicredit said it plans instead a
Yell finalises plan to cut £3.8bn debt - This is Money
The Yellow Pages publisher gave details on how it hoped to cut its £3.8bn debt mountain by more than 20% as it said it plans to tap the equity market later this year for at least £500m by issuing new shares. Yell will use the funds raised to pay
How to tame the animal spirits - ninemsn
Never allow a crisis to go to waste. Rahm Emanuel’s pithy take on the credit crunch has already entered the political ?lexicon. But the call by the White House chief of staff to seize the opportunities is as good a yardstick as any of how authorities
First-time buyers foiled as mortgages disappear - The Guardian
First-time buyers with a 10% deposit are struggling for choice. Photograph: Rex/E M Welch The problems faced by first-time buyers were highlighted today as research showed a 75% fall in the number of loans available over the past year to those with
EXCLUSIVE-YRC slashes jobs, cuts ’sizable’ -sources - CNN Money
OVERLAND PARK, Kan. (Reuters) - Troubled trucking company YRC Worldwide Inc is cutting substantial numbers of jobs across many departments, sources inside the company said Friday. Officials at YRC, which has been working with lenders and labor to try
For new banks, starting up is hard to do - CNN Money
Try starting one of your own. Even as enterprising bankers try to benefit from a less competitive industry landscape and Americans’ new-found love for Main Street banks, many industry hopefuls have had their dreams deferred. Nearly a year ago, Cindy
Lloyd’s tips for lenders - Wall Street Journal
The insurance market Lloyd’s of London can teach bank executives a thing or two about coming back from the brink. The Lloyd’s of the early 1990s is strikingly similar to the banking industry of 2008. Both, built on repackaging securities, collapsed
Top Italian banks say no to state aid - MSN Money
ROME (AP) - Italy’s two largest banks, Unicredit and Intesa SanPaolo, backed out of a plan to sell bonds to the government, saying Tuesday that improving economic conditions made the proposed state aid unnecessary. Unicredit said it plans instead a