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Latest Financial News

• Citi crisis deepens as shares fall further Sat, 22 Nov 2008 01:41:51
  Citigroup’s board was locked in talks in an attempt to halt a crisis of confidence in the troubled financial services group that has seen it lose more than half its market value in three days
• Geithner poised for Treasury secretary post Sat, 22 Nov 2008 01:45:41
  Tim Geithner, president of the Federal Reserve Bank of New York, is expected to be nominated as Barack Obama’s Treasury secretary, according to Democrats close to the decision
• New Star flagship fund chief departs Fri, 21 Nov 2008 20:34:40
  Stephen Whittaker was in charge of the £343m UK Growth Fund, which has fallen 52.4% over the past two years, compared with an average 31.2% fall among peer funds and a 30.5% drop in the FTSE All-Share index
• Duke to replace Scott as Wal-Mart chief Fri, 21 Nov 2008 18:27:43
  Wal-Mart, the world’s largest retailer, surprised investors with the announcement that Lee Scott, chief executive since 2000, would retire in February as the retailer flourishes amid the broad economic downturn

Quote of the day

• Moses Hadas Fri, 21 Nov 2008 00:00:00
  “I have read your book and much like it.”

  

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