News
On the move
People
Correction
News
Hong Kong steps up Islamic finance ambitions
Government officials seek to leverage proximity to China
Clarification
News
First subprime lawsuit settled by Merrill
In the first major legal settlement over subprime losses, Merrill Lynch has agreed to compensate the city of Springfield, Massachusetts $13.9 million after accepting that the bank invested city funds in collateralised debt obligations (CDOs) underwritten…
Property derivatives grow despite market drop
Property derivatives volumes reached new highs in the fourth quarter of 2007, even as UK commercial property prices fell sharply, according to figures released today.
FSA fines two UK firms in major TCF crackdown
LOSSES & LAWSUITS