Banks JPMorgan loses $2bn trading loss on investments Administrator May 11, 2012 0 JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of at least $2bn (£1.2bn) on complex…
USA U.S. Stock Futures Rise As EU Debt Concern Eases Yomna Yasser Apr 17, 2012 0 U.S. stock futures advanced, following a two-day decline in the Standard & Poor’s 500 Index, as increased…
Banks Citigroup Expects $700m Charge As It Trims Stake In Akbank Administrator Mar 24, 2012 0 Citigroup Inc. (C), the third-largest U.S. bank by assets, expects an impairment charge of $700 million in the…
Banks DP World seeks loan to repay part of debt Administrator Feb 11, 2012 0 Dubai: DP World has started talks with banks for a loan to help pay half of a $3-billion (Dh11.01 billion)…