Is Carlyle about to start a bank-buying spree? Despite the renowned difficult conditions, Carlyle has raised a bumper sum for EU purchases.
Zimbabwe: economic woes deepen
Zimbabwe's got some paper and ink to print banknotes. And now it's printing them with new denominations and designs. The most significant change is the addition of lots of zeros.
AUS: Misleading or Fraudulent?
One of the interesting things about those who draft civil regulations is that they use gentlemanly terms which often understate the severity of the issues they deal with. So it is with Australia's securities regulations - all they have to deal w...
Internet: ISPs try to shape traffic for fairness
Internet Service Providers are harassed by the disparity between some users and others. Some have said that as few as 20% of their users are responsible for as much as 80% of inbound traffic. That leads to to the Internet Super Highway becoming...
Hong Kong - mortgage lending falls
More signs of an economic slowdown in South East Asia come with news that mortgage lending is falling in the until-recently white hot Hong Kong property market. But bad and doubtful debt is also down.
The Hong Kong Monetary Authority announced recently that the HK Monetary Authority has granted a banking licence to Taiwan Cooperative Bank, Ltd....
M&A: Bank of America invests in subprime lender
Bank of America has decided that there are opportunities in the Sub Prime Lending market. And it's putting its money in.
UK: Lender creates groundbreaking fixed rate mortgage
UK lender The Co-operative Bank is the first lender to create a full-term mortgage with a fixed rate - it's basically hire purchase for home loan...
M&A - Fund extends offer for failing lender
Despite the subprime crisis, LSF5 Accredited Investments, LLC ("Lone Star"), a subsidiary of Lone Star Fund V (U.S.), L.P., today annou...
Cybercrime: impact survey
Have you been a victim of Cybercrime including attacks on your personal or corporate data? A new survey is designed to collect information from a...
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