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‘Unfair’ GMAC fined

29.10.09
Mortgage provider GMAC was today fined £2.8 million and told to repay more than £8 million following the unfair treatment of customers in arrears ... more

Bailed-out US firms to be ordered to slash bonuses

22.10.09
Firms in the US that benefited from billions of dollars of government bailout cash will be ordered to slash bonuses for their highest paid executives, it was reported today ... more

Post-crisis bankin' just got a whole lot 'funner'

11.06.09
Strange noises are emanating from America's banking industry as it undergoes its post-crisis makeover. Wall Street's titans are rejoicing at repaying the money lent to them by the government at the height of the crisis late last year ... more

US bank stress tests sort weak from strong

07.05.09
A line was drawn between America’s strong and weak banks as Washington published results of stress tests on 19 US financial institutions ... more

Chancellor sets new rules to return banks to savers

17.04.09
Chancellor Alistair Darling is set to call for stronger regulation of mutually owned banks and building societies alongside next week's Budget as he looks at new ways to return nationalised banks into private hands... more

Nationwide is given £1.6 billion to rescue building society

30.03.09
Nationwide Building Society has taken control of the healthy parts of failed rival Dunfermline after the taxpayer stumped up nearly £1.6 billion to rescue the Scottish firm... more

GM finance unit is given $6bn lifeline by US Treasury

30.12.08
Engineering: The US Treasury unveiled the scale of its latest Detroit rescue package, agreeing to pump $6 billion into General Motors' finance company GMAC... more

NY court move offers hope of Madoff payout

30.12.08
Scandal: A court case getting under way in New York may offer some hope of compensation for British and European investors who have lost millions of pounds backing Bernard Madoff's allegedly fraudulent scheme... more

US carmakers steer closer to bailout deal

16.12.08
Engineering: Hopes are growing that the Bush administration could act early to approve a Detroit bailout from its bank rescue fund... more

Woolies investor urges store sales

24.11.08
Retail: Woolworths' largest shareholder said the chain should not sell itself for a token £1 but at the same time should be able to avoid going into administration... more

Market report: Life assurers feel pain after 'irrational' sell-off

21.11.08
The big life assurers were licking their wounds today in the wake of yesterday's panic selling of their shares... more

Market report: A booster for Footsie as bears collect winnings

21.11.08
It has been a good week for stock-market bears around the world enabling share prices to end the week on a steadier note... more

GM, Chrysler in tie-up drive

20.10.08
Engineering: Detroit motor giants General Motors and Chrysler are pushing ahead with merger talks as the industry faces crashing sales and is shut out of the debt market... more

Renault looks at deal to get back in Jeep driving seat

17.10.08
Engineering: French carmaker Renault could stop a full-blown merger between Chrysler and General Motors by repurchasing the Jeep brand it sold to Chrysler more than 20 years ago... more

Market report: Barclays winning and Lloyds losing in placings

24.09.08
It's been a few days of differing fortunes for those investors who took up shares in the massive placings launched last week by Barclays and its rival Lloyds TSB... more

Comment: Clarke's recovery route can work for us again

21.08.08
Recession in the air, negative equity, banks with burned fingers, credit still very tight, the pound under pressure and the Chancellor preparing to borrow a billion pounds every week. Welcome back to the 1990s... more

Has the market maxed out on pessimism yet?

10.07.08
"Bull markets are born on pessimism... the time of maximum pessimism is the best time to buy." Thus Sir John Templeton, who died this week after proving another maxim, that an interest in markets is a fine way to longevity. He was 95, and one of the outstanding investors of the last century... more

Has the market maxed out on pessimism yet?

10.07.08
"Bull markets are born on pessimism... the time of maximum pessimism is the best time to buy." Thus Sir John Templeton, who died this week after proving another maxim, that an interest in markets is a fine way to longevity. He was 95, and one of the outstanding investors of the last century... more

Moody's downgrades B&B ratings

04.07.08
Moody's Investors Service has downgraded the long-term bank deposit rating and the senior debt rating of Bradford & Bingley plc (Bradford & Bingley) to Baa1 from A3... more

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