Banking
Latest Posts
Well, That’s One Way to Shift Attention Away From Mortgage Losses
Jan 24, 2008Although something tells me SocGen would rather have the focus be on bad mortgage bets than on the largest trading loss in investment banking history. The earnings statement, released this morning, begins with the following sentence: Societe Generale Group has uncovered an exceptional fraud in a sub-section of its market activities.
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Webster Financial: Party’s Over for Resi Construction, Home Equity
Jan 24, 2008 -
Report: Originations Tumble 21 Percent in Fourth Quarter, Countrywide Still King
Jan 23, 2008 -
Option ARM Specialist Downey Financial Reports $109 Million Q4 Loss
Jan 23, 2008 -
SunTrust Sees Q4 Profit Wiped Out; NPAs Outstripping Loss Reserves
Jan 23, 2008 -
Calif. Foreclosures Reach Highest Level in Fifteen Years
Jan 22, 2008 -
Fifth Third Q4 Earnings Hurt by Charges; Residential Mortgage Charge-Offs Double
Jan 22, 2008 -
Ghost of First Franklin Helps Swing National City to Q4 Loss
Jan 22, 2008 -
Mortgage-Related Charges Drive 98 Percent Drop in Profit at Wachovia
Jan 22, 2008 -
Trade Coalition Releases Standards for Foreclosure Counseling
Jan 18, 2008 -
HOPE NOW: Number of Borrowers Helped Rising Rapidly
Jan 18, 2008
