United Kingdom
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Thursday, 21 August 2008
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| View All Articles About 'Writedown' |
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| 1. |
Barclays profit down 33 pct on writedown
Barclays reported a 33 percent drop in first-half profits as it took a 2 billion pound writedown on the value of risky assets, but the profit drop was not as steep as expected.
07 Aug 2008 |
| 2. |
Deutsche announces fresh writedowns
Deutsche Bank announced fresh writedowns on Thursday, taking its bill from the global financial crisis beyond $11 billion (5.5 billion pounds).
01 Aug 2008 |
| 3. |
Persimmon confirms 1,100 job losses, says no land writedowns
Housebuilder Persimmon said on Tuesday that the first six months of the year had been "the most challenging" in its recent history. The company said that the mortgage market had continued to decline since its last trading update on 24 April and that as a result its half year results reflected the "more difficult market".
08 Jul 2008 |
| 4. |
European banks set for big writedowns-analysts
UBS and other European banks are set to unveil billions more euros in writedowns on assets hit by the U.S. subprime crisis and credit crunch, although second quarter losses should be less than the previous quarter, analysts said.
08 Jul 2008 |
| 5. |
Capital crunch for Europe's banks as writedowns peak
Europe's banks may be through the worst in terms of writedowns on risky assets but their capital positions remain under intense scrutiny as they face falling profits, slowing economies and tough financial markets.
22 May 2008 |
| 7. |
Northern Rock lost £167.6m in 2007
Northern Rock has said that it will repay its loan of £24 billion from the government by 2010. The bank also revealed that it had made a loss of £167.6 million in 2007.
25 Mar 2008 |
| 8. |
JPMorgan sees UBS 2008 writedowns
JPMorgan said on Tuesday it expected UBS to post net of tax writedowns of 17.7 billion Swiss franc (8.93 billion pounds) in 2008, taking its total writedowns to an estimated 39.83 billion franc.
17 Mar 2008 |
| 9. |
Credit Suisse reduces subprime writedowns
Credit Suisse trimmed its full-year write-downs linked to the subprime crisis to 2.0 billion Swiss francs ($1.82 billion) on Tuesday in contrast to rivals hits by rising charges and raked in billions in new investments from wealthy clients.
12 Feb 2008 |
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