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For some more information, simply go-to:
  • HSBC profit rises on growth from Asia (The Globe and Mail)
    Bank takes $4.9-billion hit from bad debts
    www.reportonbusiness.com
  • (AFX UK Focus) 2008-11-03 07:59 UPDATE 1-HBOS takes 5.2 bln stg hit on bad debts, writedowns (Interactive Investor)
    LONDON, Nov 3 (Reuters) - Britain's biggest home lender HBOS Plc took a 5.2 billion pound ($8.5 billion) hit on the value of its risky assets and bad loans on Monday for the first nine months of this year, up 2.7 billion in the third quarter. HBOS said its takeover by UK rival Lloyds TSB remained on track and it expects the deal to complete in January. HBOS said its losses from "market ...
    www.iii.co.uk
  • ZIMBABWE: The grey economy is the real one (AlertNet)
    Source: IRIN Takunda Moyo, 35, seems the epitome of a successful business person: he drives a sleek car, wears designer label clothes, and is never short of a dollar or two. He is part of a new class of entrepreneur - the illegal foreign exchange hustler.
    www.alertnet.org
  • Collectors Universe Reports Results for Its First Quarter Ended September 30, 2008 (PR Newswire via Yahoo! Finance)
    Collectors Universe, Inc. , a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, diamonds and colored gemstones, today announced financial results for its first fiscal quarter of 2009 ended September 30, 2008.
    biz.yahoo.com
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