$514bn and counting

Chemicals & The Economy — Thu, 04 Sep 2008 07:50:48 GMT

There seems no end to the losses being revealed by the world's major banks. The total has now reached $514bn . 110 banks and investment firms have now posted writedowns. CitiGroup, the largest US bank, tops the list with $55.1bn of losses, closely...(read more)

Deutsche Bank ends porn channel expenses

Chemicals & The Economy — Fri, 09 May 2008 10:38:13 GMT

Spare a thought for the plight of the world’s investment bankers. According to the Financial Times, some minor cutbacks are finally taking place in the extravagant lifestyle to which they have come accustomed: • UBS, having lost $11bn in Q1 , has now...(read more)

ICIS Blogs : ubs

$514bn and counting

Deutsche Bank ends porn channel expenses