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232 Articles (58 Pages, 4 Articles per Page)

to page: 37 1 .. 34 35 36 37 38 39 40 41 42 43 .. 58 to page: 39

BOA plans to cut 35,000 jobs (Headlines)
Topic: News Bank of America Corp., the third-largest U.S. bank, said yesterday that it plans to cut as many as 35,000 jobs because of the weak economic environment. The job cuts will take place over the coming three years and will equal 11 per cent of BOA's total workforce.

The number of Americans filing first-time claims for unemployment benefits surged to 573,000 last week, the Labor Department said. It is the highest level since November 1982.

  Hedgeweb - FRI, DEC 12 2008
Madoff admitted fraud to employees (Business, Economy & Finance)
Topic: News Bernard Madoff had confessed to employees that his investment advisory business was ??a giant Ponzi scheme? that cost clients $50 billion before two FBI agents showed up yesterday morning at his Manhattan apartment.

 
  Bloomberg - FRI, DEC 12 2008 Read More...
GMAC may drop plan to become bank holding company (Business, Economy & Finance)
Topic: News GMAC said it could drop its attempt to become a bank holding company after failing to raise the capital needed, casting doubt on its ability to survive the financial crisis.
  Hedgeweb - THU, DEC 11 2008 Read More...
Neuberger managers buy Lehman asset management unit (Analysis)
Topic: News Neuberger Berman and other asset management operations of the bankrupt Lehman Brothers investment bank will be sold to a group of the unit??s portfolio managers who won the business on Wednesday in a court auction.
  Hedgeweb - THU, DEC 04 2008 Read More...

232 Articles (58 Pages, 4 Articles per Page)

to page: 37 1 .. 34 35 36 37 38 39 40 41 42 43 .. 58 to page: 39

 
 
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