Ten Thousand Mortgages
Commercial Mortgages - Bridging Loans
Reuters: Banking and Financial News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
WRAPUP 2-Credit spreads widen led by banks, insurers
10 Oct 2008 at 2:59pmNEW YORK, Oct 10 (Reuters) - Credit markets weakened on Friday, led by banks and insurance companies on concerns about ratings quality, as world stocks plummeted amid continued worry about the deepening financial crisis.
Wall St giants buried in global stock market panic
10 Oct 2008 at 3:09pm* Morgan Stanley stock down 40 pct, Goldman off 19 pct
AIG draws down $70 bln of government loan, shares fall
10 Oct 2008 at 3:01pmNEW YORK (Reuters) - American International Group Inc's shares fell 15 percent on Friday amid mounting liquidity concerns after the insurer drew on $9 billion from a government loan in the last week.
WRAPUP-4-M.Stanley under pressure on MUFG concerns, outlook
10 Oct 2008 at 8:50am* Moody's says it may cut Morgan's long-term debt ratings
Excluding Goldman, M. Stanley, bank shares climb
10 Oct 2008 at 3:01pmNEW YORK (Reuters) - Shares in JPMorgan Chase & Co , Bank of America Corp and other banks climbed on Friday, in stark contrast with former investment banks Goldman Sachs Group and Morgan Stanley .
U.S. Judge says Wachovia hearing possible Monday
10 Oct 2008 at 3:01pmNEW YORK (Reuters) - A court hearing may be held on Monday over the rival bids of Citigroup and Wells Fargo & Co for Wachovia Corp even though Citigroup dropped out of negotiations, a U.S. judge said on Friday.
WRAPUP 1-Insurers see lower 3rd-qtr income, S&P revises outlook
10 Oct 2008 at 3:39pm(Consolidates Lincoln National, ACE, The Progressive Corporation reports, adds S&P report, analyst comment and share prices)
Credit Suisse hits 5-year low as Q3 eyed
10 Oct 2008 at 3:01pmZURICH (Reuters) - Credit Suisse shares plunged to five-year lows on Friday, falling faster than Swiss peers and the European banking sector as investors fretted over the impact of the financial crisis on the bank's earnings.
TD Bank cuts prime rate by 15 bps on mortgage plan
10 Oct 2008 at 3:01pmTORONTO (Reuters) - Toronto-Dominion Bank said on Friday it will lower its prime lending rate to 4.35 percent, the second cut to prime it has made this week, citing the benefits of a federal government plan to buy additional residential mortgages from financial institutions.
Barclays says may raise capital to boost ratios
10 Oct 2008 at 3:01pmLONDON (Reuters) - British bank Barclays Plc said it is considering raising capital and other options as part of Britain's plan to strengthen balance sheets across the sector.
Newsfeed display by CaRP