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Financial Crisis News

Over 300,000 homes standing empty

Over 300,000 homes standing empty

Press Assoc. - 1 hour 48 mins ago

The number of empty homes in England reached its highest level for five years during 2008. More »

  • Bank outlines plans to rein in risk

    Bank outlines plans to rein in risk

    Press Assoc. - 3 hours 7 mins ago

    The Bank of England has outlined plans for "top-up" charges to boost bank balance sheets, as it sought to add the "missing ingredient" to financial regulation. More »

  • Not all asset bubbles can be prevented - Bank

    Reuters - 4 hours 24 mins ago

    LONDON (Reuters) - Regulators need more tools to prevent the build-up of risks in the financial system but it would be unrealistic to think all asset bubbles can be prevented, according to a Bank of England paper. More »

  • US newspaper ad revenue down nearly 28 percent

    US newspaper ad revenue down nearly 28 percent

    AFP - 8 hours 39 mins ago

    WASHINGTON (AFP) - US newspaper advertising revenue fell by nearly 28 percent in the third quarter, continuing a slide which has led to layoffs, bankruptcies and the closure of several dailies. More »

  • Rothschild star, Buffett banker circle Cadbury 

    Reuters - 8 hours 40 mins ago

    LONDON/PHILADELPHIA (Reuters) - Akeel Sachak, global head of the consumer team at Rothschild, may get a seat at the table for this year's sweetest deal after all. More »

  • A branch of Barclays bank is seen in Boroughbridge, northern England June 4, 2009. REUTERS/Nigel Roddis

    Barclays takes hold of Crescent 

    Reuters - 9 hours 47 mins ago

    NEW YORK (Reuters) - Morgan Stanley has handed off its Crescent real estate subsidiary to Barclays Capital , the companies said on Friday. More »

  • Rothschild, Buffett banker eye Cadbury

    Reuters - 10 hours 33 mins ago

    LONDON/PHILADELPHIA (Reuters) - Akeel Sachak, global head of the consumer team at Rothschild, may get a seat at the table for this year's sweetest deal after all. More »

  • Crisis fallout still in 'first half': forum

    Crisis fallout still in 'first half': forum

    AFP - 10 hours 40 mins ago

    DUBAI (AFP) - The impact of the global financial crisis is still in its "first half," but there is only a brief opportunity to bring tough reforms, the World Economic Forum warned on Friday. More »

  • FTSE ends lower for 4th day 

    Reuters - 11 hours 2 mins ago

    LONDON (Reuters) - The top share index ended in negative territory for a fourth consecutive session on Friday as weakness in commodity stocks and banks outweighed gains from defensive pharmaceuticals. More »

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