Archive for the ‘Banking and Finance’ Category

Cost Cutting Bolsters Deutsche Telekom

Thursday, November 10, 2011 12:55 No Comments

The German telecoms group–Deutsche Telekom, held its full-year outlook and beat earnings expectations due to cost-cutting helping mitigate difficult conditions in poor economic environment and the negative effects of regulatory decisions.
Days after the UK company—Vodafone was forced to take a £450m write-down on exposure to the country, Deutsche Telekom posted weak but still better than [...]

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Find a Qualified Investment Bank with Specilists in Your Sector

Tuesday, November 8, 2011 15:12 No Comments

These days, there are a great number of investment banks in the field. With many years of experience in their focus sectors, they would be able to act as a single, cohesive team leveraging their collective expertise for the benefit of their clients. When you are searching for some professional advice by experts concerning investment [...]

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Santander Seeks to Offload €3bn of Property

Friday, October 28, 2011 6:10 No Comments

The biggest bank in the eurozone by market capitalisation–Spain’s Santander, is quietly trying to sell a €3bn package of thousands of repossessed properties and lots of land to foreign investors. According to people familiar with the talks, the bank is doing so in order to clean up its balance sheet.
However, it is revealed that at [...]

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Benefit From Credit Counseling Courses

Wednesday, October 19, 2011 17:09 No Comments

Money is playing an important role in people’s daily life. However, it could bring a lot of headache. Money matter are quite common in people’s life. After the economic crisis, more people are facing greater stress with handling money.
If you are going through the bankruptcy process or facing some problem with your personal credit, you [...]

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Stop The Bill Collection and Debt Collector’s Harassment

Wednesday, October 12, 2011 9:56 No Comments

As the global economy has been melting and unemployment rate keep soaring, harassing calls from debt collectors have become an important part of life for many households. Sometimes, the harassing calls are so many that they greatly influence the quality of one’s life. It is possible that such kind of harassing could drive one depress [...]

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Lloyds Set for £350m Loss on Real Estate Debt

Monday, October 10, 2011 2:16 No Comments

Ever since launching the first sale of distressed real estate loans three weeks ago, Lloyds Banking Group has been considering bids by dozens of private equity groups, opportunistic buyers and pension funds.
According to people familiar with the issue, it is indicated that it is likely that the group is poising in order to take a [...]

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Moody’s Downgrades 12 UK Lenders

Saturday, October 8, 2011 0:50 No Comments

RBS, Lloyds TSB and 10 other financial institutions in the UK were downgraded by Moody’s. This change reflected the reduced possibility that the UK government is going to bail the banks out in a future crisis, even though a European effort to recapitalise the continent’s banking system appeared to gather momentum.
According to European political leaders, [...]

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