Leveraged loans inflict more pain on banks globally: analysts predict about $15 billion in write-downs
Article Abstract:
Fourth-quarter results for Swiss banks UBS AG and Credit Suisse Group included write-downs with a combined total of $400 mil in leveraged-loan value, indicating that the global credit crisis has impacted deteriorating corporate debt.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
User Contributions:
Comment about this article or add new information about this topic:
CEO exit plans slams cattle stock
Article Abstract:
Share prices of Cattle PLC tumbled 13% inspite of a 17% increase in profit for the first 6 months amidst reports that Eddie Cran, the chief executive, will resign from the company in May.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Sampo's first-half net fell 49%
Article Abstract:
Sampo PLC posted a 49% decline in net profits for the 2003 first half period. The company posted 146 million euros in net profits for the period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Peers barrage Japan's central bank chief. Big bank merger may herald breaking down of barriers
- Abstracts: Lower provisions fuel HSBC profit gain. Almanji posts profit decline
- Abstracts: Amer Group returns to profit on strength of its Wilson unit. Preliminary results give a 7.5% boost to Adidas shares
- Abstracts: Merging German banks post promising results. Dresdner Bank's net forecast to be solid. Credit Suisse gets ready for expansion in Germany
- Abstracts: Rolls-Royce agrees to acquire Vickers. Rolls-Royce net rose 33% in '05; outlook is bright. Rolls-Royce shares tumble 22% on profit warning