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Deutsche Bank AG ( DB ) Stock Quote , Chart , News , Add to Watchlist (AP) - THE NEWS: Credit Suisse and Deutsche Bank said they won't fund Hexion Specialty Chemicals' $6.5 billion buyout of Huntsman Corp. The deal was slated to close Tuesday. WHY ...
Read moreSummary Box: Banks foil Huntsman-Hexion deal - MSN MoneyCentral
The banks that had agreed to finance the $6.5bn takeover of Huntsman , a US chemicals manufacturer, put the deal in jeopardy on Tuesday after claiming they were not obligated to fund the deal. Credit Suisse and Deutsche Bank were handed a hot potato ...
Read moreBanks put Huntsman takeover at risk - Financial Times
Oct. 22 (Bloomberg) -- China's government will pump $19 billion into Agricultural Bank of China and remove most of its $120 billion of bad loans, paving the way for the lender to restructure and sell shares to the public. The cash injection will be ...
Read moreChina Caps Bank Overhaul With $19 Billion for Agricultural Bank - Bloomberg
Deutsche Bank ’s third-quarter results on Thursday may determine whether it maintains a rare record in this financial crisis: not having had to raise fresh capital. As bank after bank in the US and Europe has sought equity from existing and new ...
Read moreDeutsche Bank may yet need fresh capital - Financial Times
Oct. 22 (Bloomberg) -- China's government will pump $19 billion into Agricultural Bank of China and remove most of its $120 billion of bad loans, paving the way for the lender to restructure and sell shares to the public. The cash injection will be ...
Read moreChina Caps Bank Overhaul With Agricultural Bank Aid (Update1) - Bloomberg
Volkswagen briefly became the world's largest company by market value on Tuesday as its share price almost doubled after Porsche Automobil Holding set plans to raise its stake, triggering a squeeze for short-sellers. Shares of Morgan Stanley ...
Read moreVW hits No. 1 in market value amid short squeeze - International Herald Tribune
HONG KONG : A big wave of defaults could be forming among small and midsize companies in Asia, raising the specter of a pile of bad loans at banks in the region and a further plunge in investor trust. Troubling signs are already popping up. Several ...
Read moreSmall Asian companies at rising risk of default - International Herald Tribune
First Community Bancshares, Inc. FCBC ( www.fcbinc.com ) announced today that the board of directors declared a fourth quarter cash dividend to stockholders of twenty-eight cents ($0.28) per share. The dividend represents an increase of 3.70% over ...
Read moreFirst Community Bancshares Announces Increased Fourth Quarter Dividend - MSN MoneyCentral
TURNING a light bulb moment into a growing business meant a serious lifestyle change for two young guns. Instead of "drinking and wandering pubs and clubs'' with friends, Gareth O'Connor and Niccole George are zooming about town, transporting injured ...
Read morePet rescue team making it big in financial slow - News.com.au
PRIME Minister Kevin Rudd last night sought to defuse the crisis facing operators of mortgage funds and other managed investments by suggesting they consider becoming banks. Flatly ruling out an extension of the bank deposits guarantee to market ...
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