Results for global credit crisis: 195

MUMBAI, Nov 17 - A global credit crisis that has felled large investment banks and prompted multi-billion dollar bailout packages is also hurting unlikely victims half a world away: small south Asian businesses dependent on microfinance.

WASHINGTON, Oct 7 - The International Monetary Fund on Tuesday increased its estimate of global losses from the financial meltdown to $1.4 trillion and warned that the world's economic downturn was deepening. "Declared losses on...

The fallout from this year's global credit crisis has claimed jobs on all corners of Wall Street, from hedge fund managers to floor traders and beyond. More than 110,000 have lost their jobs so far this year, and some industry experts forecast it could come close to 200,000 before the year is over.

UBS AG, the European bank with the biggest losses from the global credit crisis, is getting rid of its toxic assets. The next challenge will be to stem an exodus of wealthy clients...

* HSBC record rights issue approved by shareholders * Citigroup starts giant exchange offer * UBS to bolster capital through bond buyback * US banks tumble, European banks give back some gains (Adds Citigroup throughout,...

DETROIT, Nov 10 - It has been a rocky year for General Electric Co, but despite the troubles at its vast finance arm and a slumping stock price, many investors and analysts say the guy...

NEW YORK, Nov 6 - Bear Stearns and Lehman Brothers executives that survived the collapses of their firms and found new jobs should get bigger bonuses than their peers at Goldman Sachs Group Inc, a...

COLOMBO, Nov 5 - Sri Lanka's economy will slow this year and its rupee currency will stay under pressure, but its biggest challenge will be to secure the foreign financing it needs to avoid a...

NEW YORK, Oct 12 - Last-ditch efforts to unclog credit markets and halt a record slide in stock markets from Tokyo to Wall Street should ease serious strains in the global financial system, but the...

``It's time to start buying,'' said Hiroyuki Bando, chief manager for fixed income, equities and currencies in Tokyo at Mitsubishi UFJ Trust & Banking Corp. ``The economy will become weaker. Interest rates will go lower.'' ...