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Last updated: 15:28:40 Thursday Nov 26, 2009


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  • Dubai debt fears hit world markets hard
    LONDON - World stock markets tumbled Thursday as investors fretted over the debt problems at Dubai World, a government investment company, and the continuing slide in the dollar, which earlier fell to a 14-year low against the yen.   Nations:United Arab Emirates U.K. Australia   Activities:European Markets Japanese Markets   Source:(AP)   2009-11-26

    Royal Bank of Scotland says it will cut 3,700 jobs
    LONDON (AFP) - Royal Bank of Scotland, rescued by the British government in the wake of the global financial crisis, said Monday that it planned to axe about 3,700 jobs across its retail operations in Britain.   Source:(AFP)   2009-11-02

    RBS mulls share rights issue: reports
    LONDON (AFP) - The Royal Bank of Scotland is considering approaching the market for extra money to avoid giving more control to the government, reports said Sunday, the second bank to mull such a move.   Activities:Global Financial Crisis   Source:(AFP)   2009-09-20

    Lloyds bank hits huge loss as bad debts rocket
    LONDON (AFP) - Britain's state-controlled Lloyds Banking Group said Wednesday it crashed into the red in the first half, in stark contrast to strong performances this week by three top banks wholly in private hands.   Activities:Global Financial Crisis   Source:(AFP)   2009-08-05

    JPMorgan tops strong bank list, RBS biggest loss
    LONDON (Reuters) - JPMorgan (JPM.N) tops a list of the world's strongest banks, while Royal Bank of Scotland (RBS.L) suffered the biggest loss of any lender last year, according to new industry rankings on Wednesday.   Nations:Spain   2009-06-23

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