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News tagged with “credit crunch”. Found:
270 tagged news reports.

 

Your Search Returned 270 tagged news reports

 

Middle classes forced to take second jobs

Skipton :: United Kingdom | about 1 year ago

Credibility Credibility of 5

Households with an annual income of £30,000 or more are resorting to extreme measures to ease the financial strain, according to a new YouGov poll. It comes amid a deepening credit crisis which threatens to cripple the housing market as lenders

Tags: credit crunch, job

Credit crunch bites into Co-op profits

Montreal :: Canada | about 1 year ago

Credibility Credibility of 5

April 3, 2008 The toxic influence of the credit crunch has even reached the co-operative movement, with the Co-op Bank today revealing it has lost £31.8 million buying structured investment products linked to US mortgages...The losses dented profits

Tags: credit crunch

HK's Hang Seng Jumps 3.2 Pct on US Gains

Hong Kong :: China | about 1 year ago

Credibility Credibility of 5

The blue chip Hang Seng Index rose 734.97 points, or 3.2 percent, to 23,872.43, after gaining as much as 4.6 percent during the session. The index is still down 14 percent since the beginning of the year. Analysts said they expect the index will

Tags: stock market, Hong Kong, boosts markets, share offering, lehman share, offering boosts, credit crisis, stock markets, credit crunch

Mortgage giants look to rein in lending mortgages

London :: United Kingdom | about 1 year ago

Credibility Credibility of 5

Nationwide revealed that it was raising the rates on its tracker mortgages by between 0.51 and 0.57 percentage points, pushing them as high as 7 per cent for some borrowers. Meanwhile, First Direct said it was withdrawing its popular 4.75 per cent

Tags: credit crunch

Mervyn King bows to Fed-style rescue deal

Seattle :: WA :: USA | about 1 year ago

Credibility Credibility of 5

Bank of England will provide the kind of support America’s Federal Reserve has given to its beleaguered financial institutions in recent months. Though no precise commitments were given when senior bank executives met Mervyn King, the Bank’s

Tags: credit crunch, banks

Leading article: The urgency of the crisis demands radical action

London :: United Kingdom | about 1 year ago

Credibility Credibility of 5

Last week, the value of shares in Bear Stearns dropped from $61.58 to $54.28 in one day, as the market sensed trouble in one of the US's largest banks. When its staff turned up to work on Monday morning, the crisis was over. Their stricken bank had

Tags: banks, stock, Bank of England, Royal Bank of Scotland, Bank's Monetary Policy Committee, British Bankers' Association, credit crunch

Funding bail-out for Bear Stearns

London :: United Kingdom | about 1 year ago

Credibility Credibility of 5

The Federal Reserve is lending an unspecified amount of secured funding to JPMorgan for an initial period of 28 days, which it will in turn lend to Bear Stearns, senior Fed staff said. The company's shares had fallen almost 20 per cent in the past

Tags: credit crunch, Bears Stearns, Bear Stearns, US Federal Reserve

Collins Stewart prospers despite credit crunch

London :: United Kingdom | about 1 year ago

Credibility Credibility of 5

March 14, 2008 Collins Stewart, the UK investment bank, has showed its resilience to the credit crunch with a 29 per cent increase in profits despite a slowdown in companies coming to the market. Terry Smith, chairman of the group, said that the

Tags: Collins Stewart PLC, credit crunch

Investment in US commercial real estate 'waning': NAR

Nar :: India | about 1 year ago

Credibility Credibility of 5

Investment in big US property projects is "waning" amid a broadening credit crunch and the record price tags won for some commercial real estate deals in 2007 are unlikely to be repeated this year, a survey said Wednesday. A report on the commercial

Tags: credit crunch, real estate, commercial real, estate deals

Survey identifies Ireland and Germany as worst housing markets in 2007

London :: United Kingdom | about 1 year ago

Credibility Credibility of 5

House price inflation peaked last year across Europe as borrowing costs increased, although mortgage lending held up in most countries despite a global credit crunch, a report showed Wednesday. According to the report, co-sponsored by the Royal

Tags: European, housing price, credit crunch

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