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Barclays Dickers on Loan Waivers as European Banks Fight More ... - Bloomberg
Dec. 2 (Bloomberg) -- Royal Bank of Scotland Group Plc and Barclays Capital are supporting European companies with plummeting loan values by negotiating covenant waivers on their debt. Banks including London-based Barclays are negotiating a waiver of ...

BCE Takeover Collapse Would Remove Last Vestiges of LBO Craze - Bloomberg
Nov. 26 (Bloomberg) -- The possible collapse of the C$52 billion ($42 billion) purchase of BCE Inc. by private- equity firms would erase the last vestiges of a leveraged- buyout boom that ground to a halt almost 18 months ago. BCE said today that the ...

European stocks close higher despite profit-taking - WTOP Radio
FRANKFURT, Germany (AP) - European stock markets closed modestly higher Tuesday even as profit-taking trimmed gains enjoyed earlier on the U.S. government's latest attempt to revive lending in the world's largest economy. In Europe , the FTSE 100 ...

Struggling families given six-month reprieve as RBS delays ... - Times Online
Borrowers who fail to maintain mortgage repayments will be given a six-month breathing space under a plan due to be announced today by the Royal Bank of Scotland. The bank, which owns NatWest, is expected to promise not to repossess homes for six ...

Future of Wizard in the hands of GE Money and NAB - News.com.au
THE face of Wizard Home Loans, Mark Bouris, says his future with the company is in the hands of GE Money and its prospective new owner. Sources close to sale negotiations between GE Money and National Australia Bank say the parties are inching closer ...

Global Markets in Review: Winning Streak for Equity Bulls - Seekingalpha.com
The holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...

US, Europe snap back from heavy losses - ninemsn
US and European shares have rallied a day after punishing losses as investors looked past the gloom that provoked Monday's rout, but analysts say the rally remains fragile. Wall Street was lifted by hopes for an auto sector rescue by the US ...

Her Majesty's Royal Bank Of Scotland - Forbes
So it's official: the British government is now the owner of a controlling 57.9% stake in Royal Bank of Scotland , a $30.0 billion bank with operations all over the world. But this is unlikely to make life any easier for RBS, which will have more ...

London Scottish debt-collection arm for sale - Times Online
Ernst & Young is preparing to sell Robinson Way, London Scottish Bank's profitable debt collection business, after being appointed to run the failed sub-prime lender and savings provider yesterday. It is understood that the administrator is preparing ...

London, November 26 - Tribune
Massive stimulus plans to drive the world out of recession took centre stage on Wednesday with the European Union considering a 200 billion euro ($260 billion) boost and China announcing its biggest interest rate cut in 11 years. The moves came on ...