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Credit Crunch News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Credit Crunch News

  • Ferguson and Frost unite for property venture 3 Jul 2009 22:51 GMT
    ... year after Bank of Scotland withdrew from a funding agreement. Sir Alex said: “The credit crunch has undoubtedly hit everyone involved in commercial property as evidenced by the recent announcements ...

  • Robots wage war on funds 3 Jul 2009 22:51 GMT
    ... Perpetual High Income, run by Neil Woodford, you'd have £1,370 today - despite the credit crunch. Many experts believe investors should have a combination of active funds and trackers in ...

  • ECB Keeps Interest Rate At 1 Pct 3 Jul 2009 21:52 GMT
    ... tensions abate, the ECB seems to become increasingly concerned about the risk of a credit crunch," Marco Annunziata, an economist at UniCredit wrote in a research note. "Together with its ...

  • What Shs584b could do! 3 Jul 2009 21:51 GMT
    ... Madrid are splashing the cash makes you believe they live on a planet the credit crunch has yet to have access to. Well, do I say! They are Real Madrid ...

  • Bank Robbery Cripples Online Virtual Bank 3 Jul 2009 21:31 GMT
    ... Space trading game Eve Online has suffered a virtual version of the credit crunch. One of the game's biggest financial institutions lost a significant chunk of its deposits ...

  • Volunteer IT Staff Save BA $3.3 Million 3 Jul 2009 21:20 GMT
    ... staff who cut back on hours or pay to help the company through the credit crunch. BA CIO Paul Coby said there has been a "significant reduction" in manpower within ...

  • Expats leave as school term ends 3 Jul 2009 21:02 GMT
    ... figures – leaving behind their lives in the sun this summer because of the credit crunch, which has triggered waves of job cuts. Only the importance of allowing their children ...

  • The Inevitable Anti-U.S. Backlash Has Started On Kiva 3 Jul 2009 21:00 GMT
    ... and economic slowdown which made lending tight. And there's no doubt that with the credit crunch creating a drought of lending, small businesses in the U.S. are finding it tough ...

  • Landlords Fighting Their Way Through The Credit Crunch 3 Jul 2009 20:43 GMT
    ... (I-Newswire) - While the gloom and doom of the credit crunch continues to threaten the global economy, it seems that landlords in the UK are ...

  • JOHN TAKES OVER ROTARY REINS 3 Jul 2009 20:22 GMT
    ... the control of community and vocational convener, Alan Fenton, exceeding expectations and beating the credit crunch to raise almost £4,000. On the international front, convener Jim Waugh organised an excellent ...

  • Volume, quality, internet access divide mobile operators' strategies 3 Jul 2009 20:21 GMT
    ... its total to 4.53 million by the end of March 2009. “Despite the global credit crunch, spending on mobile phones and new subscribers have remained strong in Egypt, with mobile ...

  • Employment drought 3 Jul 2009 20:20 GMT
    ... insoucient, far too careless, far too relaxed about how dramatic the impact of the credit crunch is on output, employment, the investment machine, the innovation machine, the employment generation machine." ...

  • Banks still get to boost lending 3 Jul 2009 20:20 GMT
    ... bank lending was still growing meant that the country was far from experiencing the credit crunch gripping advanced economies. Banks are awash in cash, partly because of the central bank’s ...

  • HUF 7 bln bond issue complete at Hungary's OTP Bank 3 Jul 2009 20:02 GMT
    ... bank reported. OTP has been regularly using bond issues to secure liquidity amid the credit crunch. Offered by OTP Bank from June 29 to July 3, investors have subscribed 3-year ...

  • Reduce Candidate Data Theft With Pan Eight 3 Jul 2009 19:32 GMT
    ... means of back-up, was an excellent idea a few years ago, but as the credit crunch begins to bite, those who store information on USB drives, MP3 players, mobile phones ...


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