192 results found related to Paul Kedrosky: Banking Losses to Hit $1.6-Trillion

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Swedbank posts steep Q4 losses

10 hours ago ago from ratetake

Swedbank AB, one of Sweden's four main banks, on Tuesday reported a 1.8 billion kronor ($242 million) net loss for the fourth quarter, hit by bad loans, particularly in the Baltic countries, Russia and Ukraine. http://bit.ly/aNj9rn

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Swedbank Reports Loss After Tough Year

10 hours ago ago from DealBook

Investment Banking Swedbank Reports Loss After Tough Year February 9, 2010, 5:33 am Swedbank , the banking group based in Stockholm, posted a fourth-quarter operating loss that was bigger than market expectations on Tuesday but said a profit for the full year in 2010 was “feasible.” The operating loss was 1.67 billion Swedish kronor ($224.3 million), down from a 2.4 billion kronor profit a year ago, Reuters reported. Loan ...

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EA cuts losses, but forecast disappoints

21 hours ago ago from Beauty Shopping Blog

Electronic Arts Inc. said Monday afternoon that it managed to reduce its net loss for the third fiscal quarter, but the company's shares took a hit in late trading as the forecast for the current period came in below Wall Street's forecasts.

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U.S. banks, S&P concerned BofA credit losses may stay high

3 hours ago ago from Asia News .Com.Pk

Standard & Poor NEW YORK (Reuters) Bank of America's credit losses may remain at high levels for the rest of this year, warned credit rating agency Standard & Poor's on Tuesday. The agency also remains of a turn in the cycle for U.S. banks, S&P analysts said in a conference call. Earlier on Tuesday, S&P revised its rating outlooks on Bank of America Corp (BAC.N) and Citigroup Inc (C.N) to negative from stable, saying there is ...

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Put A Stop To Cyber Identity Theft

4 hours ago ago from Criminal Background Check

Cyber Identity theft has become a major problem in today's electronic cash and Internet shopping world. It seems that whenever banking and online security advances to keep out the baddies they go and improve the types and variety of their scams. Sometimes however it is not the breaching of electronic security but the complacency and misplaced trust of the individual that allows these criminals to get away with your money. While the loss ...

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