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17-11-2008

Citigroup to cut more than 50,000 jobs

Citigroup plans to cut more than 50,000 jobs, the latest move by the bank to weather the credit crisis, CNNMoney reports. It was not clear where the cuts would occur, but speculation last week focused on its investment banking and wealth management divisions

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12-11-2008

Banking group Hypo braced for $3.9B loss

FRANKFURT, Germany (AP) -- Hypo Real Estate Holding AG, the commercial lender that got a 50 billion euro bailout from the German government last month, said Wednesday it expects to report a third-quarter pretax loss of 3.1 billion euros ($3.9 billion) because of more write-downs at its Irish bank.

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07-11-2008

FMI confirms bank strength

Las conclusiones del organismo están basadas en los resultados más recientes del sistema financiero. Hoy la misión internacional se ocupará de analizar el desempeño de la economía en general.

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