17 October 2008 Archive
French bank reveals £466m trading loss
French bank Caisse d'Epargne has revealed a ?600 million (£466 million) loss on derivative trading last week. |
Banks step back from meltdown
Banks are now stepping away from the tipping point as the real risk of global economic meltdown recedes, the head of the City's regulator stated to today. |
Cameron ends economy truce blaming Brown mistakes for crisis
David Cameron has ended a unilateral truce on the global financial crisis with the government, accusing Gordon Brown's policies of 'fundamentally failing'. |
FTSE 100 jumps 4%
After two days of drops the FTSE 100 started Friday with a jump of over four per cent. |
Making money from rocky markets?
An investment scheme designed to make money during financial turbulence has been launched by Barclays Stockbrokers. |
FTSE surges on energy and mining stocks
The FTSE 100 rallied in afternoon trading to finish the week 5.22 per cent higher. |
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