Trending Stories

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Trending Finance Stories


Rolling Heads

Reuters reported that the global credit crisis will chop 16% of this year’s bonus payouts in the City of London. However, it seems like the credit crunch has just started sinking its teeth into the markets.

Spread Betting

Spread betting made simple…

It was an American gentleman named Charles K. McNeil that first came up with the concept of Spread Betting in the late 1930’s. This form of betting has gradually phased into the UK in the 1980’s.

Mutual Funds

Investing in Mutual Funds

A mutual fund is simply a financial intermediary that pools money together from hundreds and thousands of investors for the purpose of investing in securities such as stocks, bonds, and other securities with it.

Stockmarket Turmoil

Stockmarket Turmoil to be continued…

The new US inflation data released on Friday have triggered a fresh sell-off in the London stock market, sending stocks lower from Wall Street to Europe and Asia.

credit crunch

The worst is over for the global credit crunch

On the contrary, Kaletsky draws the attention in the ‘lose-lose’ situation that Britain and the whole of Europe (except Germany!) have got themselves into… A rather radical point of view.

Goldman Sachs

Goldman Sachs interested in Northern Rock!

Goldman Sachs is tipped to take over Northern Rock loans, writes the Irish independent and features comments from Ian Robinson, head of credit strategy.


Citigroup fires 17,000 people

Citigroup will reduced workforce by 17,000 to 24,000 employees, and it will take writedown of up to $24 billion, CNBC says.