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Ailing U.S. consumers might foreshadow recession Thursday, 8 Nov 2007 09:41pm EST

NEW YORK, Nov 8 (Reuters) - As the U.S. credit crunch wreaks havoc throughout the financial industry, some worry it might herald a coming recession.  Full Article   |  Video

 
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Wall Street CDO monsters continue to lurk Thursday, 8 Nov 2007 03:40pm EST 

NEW YORK (Reuters) - Wall Street banks either are reluctant to give investors a full picture of their troubled assets or they never had a grip on their exposure in the first place, said Tanya Azarchs, a Standard & Poor's ratings analyst.  Full Article  

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"Worst banks crisis" says Deutsche CEO Thursday, 8 Nov 2007 12:32pm EST 

LONDON (Reuters) - Global credit markets are deep in the worst crisis of Deutsche Bank chief Josef Ackermann's 30-year career, but he does not see any further writedowns for Germany's flagship bank.  Full Article  |  Video  

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S&P analyst says U.S. banks strong Thursday, 8 Nov 2007 02:06pm EST

NEW YORK (Reuters) - U.S. banks and brokers are entering this credit downturn with strong capital levels, and many of their ratings should hold at current levels assuming the credit downturn is a normal one, Standard & Poor's ratings analyst Tanya Azarchs said Thursday.  Full Article

 
Demand seen for leveraged loans: D. Bank CEO Thursday, 8 Nov 2007 03:45pm EST

LONDON (Reuters) - Deutsche Bank continued to see demand among investors for leveraged loans used to fund private equity buyouts throughout the third quarter but did not want to sell them at depressed prices, its chief executive said.  Full Article   |   Video

 
World economy can live with $100 oil Thursday, 8 Nov 2007 03:45pm EST

LONDON (Reuters) - Oil will breach the $100 barrier, but this will not kill off global economic growth, the head of Germany's Deutsche Bank said at the Reuters Finance Summit.  Full Article   |   Video

 
Upheaval stokes dreams of going it alone Thursday, 8 Nov 2007 03:40pm EST

NEW YORK (Reuters) - At times like these, with Wall Street in upheaval, the thoughts of many executives turn towards setting up their own firm.  Full Article

 
Restructuring seen surging as buyout boom pops Thursday, 8 Nov 2007 03:46pm EST

NEW YORK, Nov 7 (Reuters) - The credit crunch and housing slump may be bad for the economy, but it's good news for firms that advise struggling companies on getting their finances in order.  Full Article   |   Video

 
Deutsche in "constructive dialogue" on M-LEC Thursday, 8 Nov 2007 03:41pm EST

LONDON (Reuters) - Deutsche Bank AG is still in constructive dialogue with other banks over support for a superfund to help restore confidence in distressed structured investment vehicles, the chief executive of Germany's biggest bank said at the Reuters Finance Summit.  Full Article   |   Video

 
Deutsche '08 forecasts assume "normal markets" Thursday, 8 Nov 2007 03:42pm EST

LONDON (Reuters) - Deutsche Bank expects to hit its profit target for next year assuming "normalized markets", its chief executive Josef Ackermann reiterated on Thursday.  Full Article   |   Video

 

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