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Matthew Saltmarsh
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Writes for THE NEW YORK TIMES ,
36 articles on NewsCred are written by Matthew Saltmarsh.What Do You Think?
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Latest Articles by Matthew Saltmarsh
British Regulator Starts Madoff Investigation
The Serious Fraud Office in Britain announced Thursday that is opening an investigation into the business operations of Bernard L. Madoff.
Madoff Investor’s Suicide Leaves Questions
French aristocrat and professional investor Rene-Thierry Magon de la Villehuchet committed suicide after struggling with his role in the fraud.
Oil Prices Lift Energy Stocks as European Markets Rise
European stocks started the week higher, following a similar pattern in Asia, lifted by energy shares and a positive end to trading last week in the United States.
Revelation Rocks Bank in Ireland
A major Irish bank was shaken by the revelation of 87 million euros in undisclosed personal loans to the bank’s chairman.
Central Bankers Ready to Take Collective Action
Ben S. Bernanke told a conference that “policy makers will remain in close contact, monitor developments closely and stand ready to take additional steps should cond...
Euro Zone Officially Is in Recession
The economy of the euro zone slipped into recession during the third quarter, the European Unions’s statistics agency confirmed.
French Bank Suffers $807 Million Trading Loss
Groupe Caisse d’Épargne said that it had incurred the losses as a result of unauthorized derivatives trading by a team on the bank’s own account.
UBS Expects Small Profit in Third Quarter
UBS, the giant Swiss bank that has been hit severely by the mortgage crisis, said that it would post a “small profit” during the third quarter, lifting its shares....
UniCredit Trading Halted Because of Rumors
The giant pan-European lender declared that it was well capitalized and was being damaged by market speculation as the Italian stock exchange operator suspended tradin...
Markets Edge Higher in Europe and Asia on Bailout Hopes
European stocks were moving higher, following similar gains in Asia and helped by hope that U.S. lawmakers would be able to revive a $700 billion rescue plan.
Mixed Markets Reflect Hope for Bailout
A mixed reaction in overseas markets reflected optimism that Congress may still act this week to approve an economic rescue plan.
Shaky French-Belgian Bank Gets $9 Billion Injection
Dexia, a French-Belgian lender, received a capital injection of more than $9 billion from public shareholders as a deepening global credit crisis continued.
