Citi loss ups recession fears
16th Jan 2008
Citigroup has revealed that it experienced a net loss of nearly $10 billion (£5 billion) in the last quarter amid subprime mortgage exposure.
16th Jan 2008
Citigroup has revealed that it experienced a net loss of nearly $10 billion (£5 billion) in the last quarter amid subprime mortgage exposure.
18th Jan 2008
Fears of another investments run similar to that seen at Northern Rock have arisen with a reported withdrawal suspension at Scottish Equitable.
24th Jan 2008
The US Federal Reserve’s surprise rate cut has produced a mixed reaction from the world’s markets.
29th Jan 2008
Asian and European markets have rebounded today on rate cut expectations and US stimulus plans aimed to revive its housing market.
29th Jan 2008
British people’s savings have increased 31 per cent since 2000, but it could still be 50 years before the majority become regular savers, according to a new report.
Acorn Asset Management LLP is an appointed representative of Virtual Net (Europe) Plc which is authorised and regulated by the Financial Services Authority. FSA Registration No: 224862