As acute as the pain has been in the U.S. housing market, commercial real estate has been no stranger to trouble. Here is a glimpse of some high-profile victims that have been claimed so far. 1. Stuyvesant Town & Peter Cooper Village Loan balance: $3 billion Size: N/A Location: New York, N.Y. It was the […]
Category Archives: Banks
New Ways to Tame Credit Card Debt
Here’s what credit card companies can and can’t do — and what you must know to reduce your costs and protect your credit rating. Watching Your Credit Card Debt Stack Up? As the economy continues to sputter along, I’ve been hearing a small but growing chant throughout the land (think Horton hears a ka-ching) that […]
The Least-Trusted Banks in America
Customers of the biggest banks in the United States are the least likely to believe their financial institution does what’s best for them as opposed to what’s best for the bottom line, according to a new report from Forrester Research. The report, Forrester’s annual Customer Advocacy rankings, ranks nearly 50 financial services firms in the […]
Ten Questions on the Volatile Housing Market
Lower prices have spurred home sales, but looming foreclosures and high unemployment are clouding the outlook The U.S. housing market has been in a slump for the past four years. When will it ever end? In recent years, real estate has proven as jittery and unreliable as any other market. The average U.S. home price […]
The top 25 European banks
The top 25 European banks by assets European toxic asset exposure based on a Telegraph article. The crux of the Telegraph piece was that European banks have a shed load of bad debt on their books. A secret European Commission document allegedly put the exposure of the European banks to ‘toxic’ assets at £16.3 trillion, […]
Central Banks of The World
(Last updated 4 March 2009) Afghanistan: Bank of Afghanistan Albania: Bank of Albania Algeria: Bank of Algeria Argentina: Central Bank of Argentina Armenia: Central Bank of Armenia Aruba: Central Bank of Aruba Australia: Reserve Bank of Australia Austria: Austrian National Bank Azerbaijan: Central Bank of Azerbaijan Republic Bahamas: Central Bank of The Bahamas Bahrain: Central […]