JPM and BAC to write down $3 billion in loans: report
JPM and BAC to write down $3 billion in loans: report
NEW YORK (Reuters) – JPMorgan Chase and Bank of America are expected to disclose losses of about $3 billion in mortgage securities and leveraged loans when they report earnings this month, the Financial Times reported, citing an analyst.
Source: feeds.reuters.com
RBS trio to seal ABN win, big integration task now
LONDON (Reuters) – A Royal Bank of Scotland-led consortium is set to claim victory in the takeover battle for ABN AMRO on Monday, shifting investor and market attention to the unprecedented integration challenge ahead.
Source: feeds.reuters.com
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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