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- General Growth Falls on Talk of Bankruptcy Protection (Update3) - Bloomberg
www.bloomberg.com Nov. 11 (Bloomberg) -- General Growth Properties Inc. , the second-largest U.S. shopping mall owner, fell the most ever in New York trading after saying it may seek bankruptcy protection if plans to refinance $958 million in debt do not succeed ...
- Fed Approves AmEx as Bank Holding Company - CNBC
www.cnbc.com American Express said it won approval to become a bank holding company, in a step that could cut its borrowing costs and give it more access to government money. American Express, the fourth-largest U.S. credit card issuer, offered more credit to ...
- Lloyds TSB takeover of HBOS 'will put thousands of jobs at risk' as banking giant promises £1.5bn of cost cuts (Daily Mail)
www.dailymail.co.uk Tens of thousands of staff and branches are set to be axed in the wake of Lloyds TSB's takeover of HBoS. Up to 20,000 could be made redundant as a result of the Government-backed merger of the banks.
- Man pleads guilty to break-ins (The Sudbury Star)
www.thesudburystar.com The first of three break-ins at liquor stores in Coniston, Garson and Val Caron in April may have been a lark, but there had to [...]
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