Club Mania Blog

Fannie Mae names Johnson chief financial officer
Fannie Mae names former Hartford Financial Chief Financial Officer David Johnson as CFO
NEW YORK (Associated Press) - Fannie Mae said Tuesday it named David Johnson to serve as the mortgage giant’s chief financial officer and executive vice president, beginning immediately.
Johnson joins the company from Hartford Financial Services Group, where [...]

Yen Rises on Concern a Global Recession Will Curb Carry Trades
The yen rose against the euro and the dollar as speculation a global recession will deepen prompted investors to pare holdings of higher-yielding assets funded in Japan.
By Ron Harui and Stanley White
Nov. 26 (Bloomberg) — The yen rose against the euro and the dollar [...]

Dividends Cut Fastest Since 1950s as Citigroup Conserves Cash
Stock dividends are disappearing at the fastest rate in 50 years as the worsening recession forces U.S. companies to conserve cash.
By Lynn Thomasson and Eric Martin
Nov. 26 (Bloomberg) — Stock dividends are disappearing at the fastest rate in 50 years as the worsening recession forces [...]

Standard Chartered embarks on

Standard Chartered embarks on £1.78bn rights issue
Standard Chartered has announced plans to raise £1.78 billion in a rights issue.
Existing shareholders will be able to buy 30 shares for every 91 shares held at a price of 390 pence a share, representing a 48.7% discount on the company’s closing price on Friday 21st November.
According to the [...]

Clinton Is Said to Accept Offer of Secretary of State Position
By PETER BAKER and HELENE COOPERPublished: November 21, 2008 WASHINGTON

S-a lansat noul site FinancialDose.com care va prezinta ultimele stiri din domeniul financiar, bancar si economic international. Daca vreti sa fiti la curent cu ultimele detalii despre criza economica internationala, cu ultimele mutari strategice ale firmelor internationale si sa fiti conenctat la viata financiara mondiala FinancialDose.com va asteapta cu doza zilnica de stiri.

Abbey and Deutsche Bank linked in Porterbrook sale
Abbey is reported to be selling its train leasing business to Deutsche Bank, for

Israel cuts interest rates by 25 basis points
The Bank of Israel has announced a cut of 25 basis points in interest rates for November, which will stand at 3.5%.
The rate cut was largely expected, as concerns regarding inflation declined and new economic activity stalled.
Therefore the central bank decided that the balance of benefits and risks [...]