All about Standard & Poor’s (S&P)
Standard & Poor's (S&P) is a division of McGraw-Hill that publishes financial research and analysis on stocks and bonds. It is one of the top three companies in this business,
Insurances & Business
News Economy Business Investment Banks Credits
Archive March/2008
German Ministry Denies Bundesbank Gold Sale Report
BERLIN (Reuters) - Germany's Finance Ministry said on Saturday a magazine report that the government wants the Bundesbank to sell some of its gold reserves to help ease pressure on
Lehman Brothers Hit By Fake Marubeni Papers
TOKYO (Reuters) - U.S. investment bank Lehman Brothers was defrauded of some $353.1 million after it was caught in a scam in Japan, a source familiar with the situation told
China Says Global Economy May Cause Policy Shifts
SHANGHAI (Reuters) - China will keep monetary policy tight for now but recognizes it might need to adjust the strength and timing of policy in response to changes in the
Bush Readying Mortgage Aid Plan: Report
WASHINGTON (Reuters) - The Bush administration is finalizing a plan to rescue thousands of homeowners facing foreclosure by helping them refinance into more affordable loans, the Washington Post reported in
U.S. Seeks Enhanced Financial Authority For Fed
WASHINGTON (Reuters) - The U.S. Treasury Department will propose on Monday that the Federal Reserve be given sweeping new powers that would make it chief regulator with authority to require
Clear Channel Documents Reveal Credit Proposal
NEW YORK (Reuters) - Court documents related to the fight between buyers and banks over the $20 billion buyout of U.S. radio operator Clear Channel Communications Inc <CCU.N>, obtained by
Fannie and Freddie Free to Set Size of Capital Raise
NEW YORK (Reuters) - Fannie Mae <FNM.N> and Freddie Mac <FRE.N> regulator on Friday said it is up to the housing finance companies to determine how much money they must
Mass. Regulator Subpoenas UBS, Merrill, BofA
BOSTON (Reuters) - Massachusetts' top securities regulator said on Friday that his office was demanding information from three large investment houses as he deepens a probe into the $330 billion
JC Penney Lowers Earnings View
NEW YORK (Reuters) - Department store operator JC Penney Co Inc <JCP.N> on Friday cut its first-quarter earnings forecast and said it expects the environment to remain difficult throughout 2008,