EMBATTLED insurance giant AIG has announced plans to sell off "non-core" assets to pay off its loan from the US Federal Reserve, which would conclude a controversial government bailout
WELLS Fargo announced a $US15.1 billion ($19.5 billion)bid for troubled banking rival Wachovia on Friday in an attempt to outflank Citigroup and its US Government-backed rescue plan
THE Netherlands Government has confirmed its is nationalising the Dutch activities of embattled Belgian-Dutch banking group Fortis at a cost of $30 million in a move it hoped would reassure investors
US President George W Bush today signed an economic rescue bill just hours after the US House of Representatives reversed course and approved the historic $US700 billion ($908.21 billion) Wall Street bailout
US stocks fell heavily overnight after Congress passed a huge financial rescue plan, as investors remained nervous about a global credit squeeze and the weak economy
EUROPEAN stock markets closed sharply higher overnight as hopes the US Congress would pass a multi-billion-dollar bank rescue package offset a much weaker-than-expected US employment report
US bank Wells Fargo said today it was buying its rival Wachovia for $US15.1 billion, in a deal that emerged after Wachovia had been in talks with Citigroup
SEVERAL kilometres from the Childtime facility partly-owned by ABC Learning Centres, there`s a brown house with a spectacular view of Las Vegas
