Flaherty & Co. slap Moody's
News item: G20 commits “to take all necessary actions to preserve the stability of banking systems and financial markets as required.” At the time, it seemed “stupid”, as Kim Parlee and I discussed on...
Tagged: wells fargo
CanaccordGenuity launches on NexJ Systems
Times are good for Canadian tech IPOs, if the valuation recently achieved by NexJ Systems (NXJ:TSX) is any indication (4.9x trailing revenue, 3.7x current year). Here is a summary of the note put out...
US banks have just US$13B exposed to UAE
As nervous as I was on Friday morning about the ability of global banks to duck the impact on a payment standstill at Dubai World (see prior post “Eid’s pause won’t help Western Banks...
Is it time to nationalize Citibank?
Not that anyone has been listening to the small fry (see prior post “Put Citigroup out of its misery” June 26-08), and rightly so, but the recently released Global Finance Magzine rankings of the...
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