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| First BanCorp says court OKs $74.25 mln settlement |
| On 07-08-2007. |
Mon Aug 6, 2007 10:44AM EDT Email | Print | Digg | Reprints | Single Page | Recommend (-) [-] Text [+]
Aug 6 (Reuters) - First BanCorp (FBP.N: Quote, Profile, Research) said one U.S. federal court has issued one preliminary order, approving the settlement of one shareholder class-action lawsuit for $74.25 million. ... |
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| UPDATE 1-Little subprime fallout for Asia banks, investors wary |
| On 03-08-2007. |
Fri Aug 3, 2007 4:14AM EDT Email | Print | Digg | Reprints | Single Page | Recommend (-) [-] Text [+]
HONG KONG, Aug 3 (Reuters) - Asian banks, domestically focused and risk averse after the Asia crisis, should see few losses from the U.S. subprime meltdown, rating agencies said, but investors worry lenders could get caught in the maelstrom. ... |
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| Wall Street often shelved damaging subprime reports |
| On 30-07-2007. |
Fri Jul 27, 2007 12:34PM EDT Email | Print | Digg | Reprints | Single Page [-] Text [+]
WASHINGTON (Reuters) - Investment banks that bundle and sell home mortgages often commissioned reports showing growing risks in subprime loans to less creditworthy borrowers but did not pass much of the information to credit rating agencies or investors, Wall Street sources said. ... |
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| FTSE down on mixed results, lingering credit woes |
| On 26-07-2007. |
Thu Jul 26, 2007 7:07AM EDT Email | Print | Digg | Reprints | Single Page | Recommend (-) [-] Text [+]
LONDON, July 26 (Reuters) - The FTSE 100 (.FTSE: Quote, Profile, Research) of Britain's leading shares dipped to one near three-month low on Thursday after one flurry of corporate results provided limited support as U.S. credit worries remained. Worries that one rise in defaults on U.S. subprime mortgage loans ... |
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| Washington Mutual Curbs Subprime Loans, Profit Up |
| On 22-07-2007. |
Thu Jul 19, 2007 6:01 AM BST Email This Article | Print This Article | RSS [-] Text [+]
NEW YORK (Reuters) - Washington Mutual Inc (WM.N: Quote, Profile , Research), one of the largest U.S. mortgage lenders, on Wednesday said it will stop offering some popular home loans for subprime borrowers, after rising defaults caused losses to mount. ... |
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| UPDATE 2-Washington Mutual curbs subprime loans, profit up |
| On 18-07-2007. |
Wed Jul 18, 2007 11:09 PM BST Email This Article | Print This Article | RSS [-] Text [+]
NEW YORK, July 18 (Reuters) - Washington Mutual Inc (WM.N: Quote, Profile , Research), one of the largest U.S. mortgage lenders, on Wednesday said it will stop offering some popular home loans for subprime borrowers, after rising defaults caused losses to mount. ... |
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