The European central bank (ECB) has raised a discount rate on 0,25 percentage items. Thus, the parameter has made 4,25 % annual. Such decision was accepted today, on July, 3rd, at session of advice of managing directors of bank. Decision of ECB has coincided with expectations of analysts, who predicted, that the bank will raise the [...]...

Bank of America (BoA) has finished purchase of hypothec broker Countrywide Financial for 2,5 billion dollars. The sum of the transaction was on 37 % below initial 4 billion dollars because of decrease in BoA's quotations. Opponents of merge prove, that together with Countrywide BoA has got billions dollars of write-offs and a legal cost [...]...

Within two years after purchase of largest in the USA hypothec company Countrywide Bank of America is going to reduce nearby7,5 thousand workplaces. To reduction will cover about 3 % of all labor of the united companies. In the end of March nearby 209,1 thousand person worked in Bank of America and nearby 50,4 thousand employees [...]...

More than 23 000 Englishmen, who have taken the mortgage from the beginning of year, continue to lose money. Falling of the prices for the real estate means unprofitableness of investments in hypothec habitation as cost of the house, got in such way, becomes below the sum, which the borrower should give to the bank. Data [...]...

Royal Bank of Scotland (RBS) analysts believe that within the nearest three months the world share market can suffer crash, which will become one of the most scale for last 100 years, predicting, that by September of this year S&P 500 index will lose 22 %. At the same time HBOS bank's experts consider, that [...]...